SEC Chair Gary Gensler Accused in Citadel Market Maker Manipulation
SEC Chair Gary Gensler is facing criticism and a Change.org petition calling for his resignation. He has been accused by Citadel Securities & Citadel Market Maker of market manipulation through shorting crypto-focused stocks like AMC Theatres and GameStop. The petition alleges that Gensler failed to protect retail investors from fraud related to "naked short selling and dark pool abuse." Gensler recently emphasized the need for crypto trading platforms to register with the SEC and be regulated like securities exchanges. The petition titled 'Fire Gary Gensler as SEC Chairman for obstruction of justice' has received over 19,000 votes at the time of writing.
https://www.cryptotimes.io//se....c-chair-gary-gensler
