{"content":"Gensler’s Crypto Two-Face: Cheering in Private, Cracking Down in Public 👎🏻 Ex-Rep. Patrick McHenry spilled the tea on the Crypto in America podcast, saying former SEC Chair Gary Gensler was secretly pro-crypto in private chats, praising digital assets and blockchain tech from his MIT days, where he even helped shape the idea of airdrops. But as SEC boss from 2021 to January 2025, he went hard on crypto, hitting the industry with over 100 regulatory actions. McHenry called his public stance confusing, likely driven by political pressures like Senate confirmation battles. After leaving the SEC, Gensler went back to MIT to teach fintech and AI, but not before catching heat from crypto bigwigs like Coinbase’s Brian Armstrong and Gemini, who slammed his tough approach. Man, Gensler’s double act is nuts! It’s like he was rooting for crypto in the group chat but playing the bad cop on stage. If McHenry’s right, it sounds like politics forced his hand, which sucks because his MIT cred shows he gets the tech. His crackdown probably spooked innovation, and the industry’s still salty—Coinbase and Gemini aren’t holding back. I think he could’ve been a game-changer for crypto regulation if he’d balanced his insider enthusiasm with his SEC duties, but instead, we got a regulatory rollercoaster. Here’s hoping the next crew brings clearer rules to the table. If you enjoy my content, feel free to follow me ❤️ #Binance #crypto2025 ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/14/ae10b2a7124a4f4aae97b2ea42b28ac3.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}