• About Us
  • Careers
  • Contact
No Result
View All Result
Thursday, October 23, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

House Republicans Probe Deleted SEC Texts From Gary Gensler’s Tenure

1 October 2025
in Crypto, News, policy
Reading Time: 3 mins read
104 3
source: axios.com

source: axios.com

Quick Breakdown 

  • House Republicans are probing the loss of Gensler’s SEC text messages, citing transparency concerns.
  • Lawmakers accuse Gensler of double standards, enforcing strict rules on firms but not at the SEC.
  • Deleted texts included conversations on crypto enforcement, deepening industry skepticism.

Republicans question transparency at the SEC

House Republicans have launched an investigation into the loss of text messages from former Securities and Exchange Commission (SEC) Chair Gary Gensler. In a letter to current SEC Chair Paul Atkins on Tuesday, House Financial Services Committee Chairman French Hill said the findings of the SEC’s Office of Inspector General (OIG) early September raised doubts about transparency during Gensler’s leadership from 2021 to 2025.

\"\"

“to learn more about their report, seek clarity on outstanding questions, and discuss additional areas that require further oversight.”

Double standards alleged

The letter, also signed by Representatives Ann Wagner, Dan Meuser, and Bryan Steil, accused Gensler of enforcing strict record-keeping rules on Wall Street firms while failing to uphold the same standards at the SEC. Lawmakers pointed out that in 2023 alone, the regulator collected over $400 million in fines for record-keeping violations, even as Gensler’s own agency lost critical communications.

“It appears that former Chair Gensler held companies to a standard that his own agency did not meet,”

the letter stated.

SEC IT blamed for data wipe

According to the OIG, the SEC’s IT department was responsible for the deletion of Gensler’s text messages after applying a poorly managed automated policy. The wipe, which occurred between October 2022 and September 2023, erased key communications. Contributing factors included a lack of backup devices, ignored system alerts, and unaddressed software flaws.

Lost crypto enforcement records

Investigators revealed that some deleted texts were tied to SEC enforcement actions against crypto companies and their executives. This raises questions about whether critical decisions in high-profile crypto lawsuits can ever be fully reconstructed.

The agency has already faced scrutiny for past lapses, including a January 2024 incident where its official X account was hacked to falsely announce approval of spot Bitcoin ETFs. X later confirmed the SEC had failed to enable two-factor authentication at the time of the breach.

 

If you want to read more market analyses like this one, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

\”Take control of your crypto portfolio with MARKETS PRO, DeFi Planet\’s suite of analytics tools.”

Share62Tweet39Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

source: fintechnews.am
News

Stablecoins Now Rival Global Payment Giants, Moving $46 Trillion On-Chain in a Year

23 October 2025
source: financefeeds.com
Bitcoin

CoinEx: Bitcoin Shows Recovery Signs After 1011 Crash

23 October 2025
vbv
Crypto

Crypto Industry Rebounds as Workforce Returns After Early AI Exodus, A16z Report Finds

23 October 2025
Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades
Crypto

Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades

22 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Crypto in Latin America: Adoption Booms as Media Visibility Falls, Outset PR Finds

2 days ago

Your Weekend Crypto Roundup | October 2025 (Week 3)

6 days ago

Crypto in Latin America: Adoption Booms as Media Visibility Falls

1 week ago

Your Weekend Crypto Roundup | October 2025 (Week 2)

2 weeks ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

3 weeks ago

What $1 Billion in Liquidations Means for Market Stability

3 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Aster Unveils Rocket Launch: A Gateway to Early-Stage Crypto Projects and Trading Rewards

    bychainwire
    23 October 2025
    0

    Phemex Upgrades Rewards Hub with $15,000 Package And Mystery Box System

    bychainwire
    22 October 2025
    0

    Ika and Human Tech Reveal Wallet-as-a-Protocol (WaaP): First Zero-Trust Decentralized Wallet Infra

    bychainwire
    22 October 2025
    0

    Alps Blockchain Announces Corporate Rebranding to Alps

    bychainwire
    22 October 2025
    0

    Bombastic Casino Unveils New Design and Enhanced Features

    bychainwire
    21 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00