A new video has surfaced showing future Securities and Exchange Commission Chairman Gensler telling an audience of institutional investors that four cryptocurrencies are not securities, and that 75% of the overall crypto market at the time was outside that legal category.
The video is from a crypto-themed institutional investor event hosted by Bloomberg and Fidelity in 2018, and it shows Gensler expressing sentiments that appear to contradict his more recent suggestions that all cryptocurrencies other than Bitcoin are securities. You can watch the relevant excerpt above.
