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Gensler Warns About Crypto Lenders Offering High Returns

  • SEC chief reiterates concerns over interest-rate pledges
  • Bitcoin plunged to lowest since December 2020 on Tuesday
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SEC Seeing 'Lots' of Crypto Non-Compliance, Says Gensler
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Gary Gensler has a message for people pouring money into crypto on promises of high returns: beware.

The US Securities and Exchange Commission chief on Tuesday repeated his warnings over lending platforms. Gensler said investors need to be wary of claims of double-digit interest rates.