SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

2022.06.22 07:35

SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry.

Peirce, the most pro-crypto commissioner for the United States SEC, told Forbes that the recent crash in crypto, though painful, is separating strong companies from the weak.

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