The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Dogecoin Co-Founder Calls Out ‘Useless in Every Single Way’ SEC Chair Gary Gensler

by Mehron Rokhy
December 22, 2023
in Altcoins, Regulators

The co-founder of meme asset Dogecoin (DOGE) is calling out the Chair of the U.S. Securities and Exchange Commission (SEC), saying that he’s “useless in every single way.”

Responding to a new video by SEC Chair Gary Gensler claiming that fraud and noncompliance are rife within the digital assets industry, DOGE co-founder Billy Markus says that Gensler is essentially just a figurehead who doesn’t do anything.

“You’ve never laid out any actual rules, you just hand wave. You’re basically useless in every single way.”

In the video, Gensler says that even though digital assets are a small part of the US economy, noncompliance with current securities laws harms US investors.

“There’s a lot of noncompliance. Noncompliance with securities laws that are there to help give you the disclosure so you can make the investment decision but also to protect you against fraud and manipulation. There’s been far too much fraud and bad actors in the crypto field…

This is really the Wild West, and it’s around the globe. I would say again, this is a small part of our US capital market, but it can undermine confidence when so many people have been hurt and then all they can do is stand in line in bankruptcy court.

It’s not just one actor… this is something that pervades this entire field globally, and it’s hard for the good faith actors even to compete because there’s so many challenges elsewhere.”

In October, Markus also called out the Dogecoin community in a similar fashion, at the time saying that they “do nothing productive.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/LADYMAYPIX/MrArtHit

Submit a Press Release

Industry Announcements

  • PlayW3 Unleashes ‘Be The Boss’: A New On-Chain Business Model That Turns Creators Into Owners — $320,000+ Already Paid Out
    July 17, 2025
  • Streamex (BSGM) CEO Henry McPhie Highlights BSGM Merger and RWA Tokenization Strategy in Live TV Interview
    July 17, 2025
  • Numerai Announces $1M Strategic Buyback of NMR
    July 17, 2025
  • Bit Origin Secures $500 Million Equity and Debt Facilities to Launch Dogecoin Treasury
    July 17, 2025
  • Supra Unveils Real-Time Macro-Economic Data Feeds to Enhance Onchain Trading
    July 17, 2025
  • Aster Launches 24/7 Stock Perpetual Contracts Trading With Exposure to US Equities
    July 16, 2025
  • The Sandbox Launches Largest LAND Sale to Date on GBM Auctions
    July 16, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$119,376.98
$119,376.98
0.39%
Ethereum
$3,413.57
$3,413.57
0.6%
BNB
$715.61
$715.61
0.33%
Solana
$173.43
$173.43
0.76%
XRP
$3.36
$3.36
9.22%

Spotlight

  • Best-Selling Author Ric Edelman Doubles Down on $500,000 Bitcoin (BTC) Price Target As ‘Smart’ Investors Pile In
    July 10, 2025
  • Crypto Analyst Says One Top-10 Altcoin’s Chart Looks ‘Disgustingly Good,’ Updates Outlook on Bitcoin and Ethereum
    July 10, 2025
  • SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator
    July 10, 2025
  • Trader Predicts Mid-Cap Altcoin Could Explode 200%+ by August, Maps Path Forward for Dogecoin and Solana
    July 10, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl