Former SEC Chairman Gary Gensler's latest interview: He has "no regrets" about his legacy as SEC Chairman, stating that most tokens lack fundamentals except for Bitcoin.

In a recent conversation, former SEC Chairman Gary Gensler reflected on his tenure at the SEC. He stated that he does not regret his enforcement and regulatory decisions at the time, noting that during his term, the SEC initiated about 100 cases against the encryption industry, comparable to his predecessor Jay Clayton, with the aim always being investor protection. In his view, there were many fraudsters in the market at that time, and Sam Bankman-Fried was just one of them.

Gensler emphasized that most trading in the encryption market relies on momentum and speculation rather than value creation. Regarding thousands of tokens, he stated frankly: except for Bitcoin, most lack any fundamental support and are highly speculative and extremely risky assets.

Despite the controversy, he reiterated that his top priority has always been to protect investors. This statement also highlights his recognition of Bitcoin's "exceptional status."