The head of Grayscale accused the SEC of "braking" the expansion of cryptocurrencies

He agreed with the claim that the SEC was “late in the game” regarding crypto regulation.

SEC 'should definitely try to eliminate unscrupulous players'

However, should not hinder "efforts to develop appropriate regulation"

Gemini lays off 10% of employees due to the "bad actors" of the crypto industry

Gemini, a cryptocurrency exchange owned by the Winklevosses, has launched its third round of job cuts in less than a year, laying off another 10% of employees.