Messari Founder Comments on Paxos Regulatory Crisis: Vows to End US SEC Chairman's Political Career

Feb 13,2023
For the stablecoin issuer Paxos facing the US SEC lawsuit due to BUSD, Messari founder Ryan Selkis tweeted: "My new goal in life is to end the political career of Gary Gensler (chairman of the US Securities and Exchange Commission) and let him be re-elected by Biden. Why it failed. I’ll be joining Brian (Coinbase CEO Brian Armstrong), Jesse (Kraken founder Jesse Powell) and dozens of others who have spent a decade putting America in the driver’s seat to win the next major On the cutting edge of technology. I will spend every ounce of energy, financial and political capital I have on fighting the morally immoral and corrupt enemies of cryptocurrencies. Sensible regulation matters. De facto bans will be relentlessly fought." Selkis Said that he has been cautious for 15 years and has not made any remarks about deteriorating his relationship with the SEC, but this time he expressed his dissatisfaction with the SEC's behavior in dirty words
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