Better

Gary

Elon Musk

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 <p>Better Markets, an independent organization, argued that the SEC should disapprove the proposed rule change to allow spot ETF. The organization said the spot bitcoin markets have a history of artificially inflated trading volumes owing to manipulation. It also said in the comment:</p> 
 <blockquote> 
  <p>“The concentrated nature of the spot Bitcoin market and the heavy reliance on a select group of individuals and entities to maintain its network threatens a myriad of other harms.”</p> 
 </blockquote> 
 <h2 id="gary-gensler-others-shared-testimonial-on-better-markets">Gary Gensler &amp; Others Shared Testimonial On Better Markets</h2>  
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 <p>The organization’s website shows that Gensler, along with anti-crypto Senator Elizabeth Warren, shared testimonials for the website. Matt Walsh indicated that both share interests in supporting the organization. It remains to be seen if this amounts to being a breach of law. Stating that the SEC chair had met Better Markets as many as 9 times, Walsh said it is unusual for a crypto market player to gain such access. Does this mean Gensler collude with the anti-crypto leaders?</p>  
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Did US SEC's Gary Gensler Collude With Anti-Crypto Leaders?

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