Techub News reported that according to Jinshi, Gary Gensler, chairman of the U.S. Securities and Exchange Commission, reiterated that the cryptocurrency market is full of fraud. Gary Gensler said: There are "serious conflicts of interest" in cryptocurrency exchanges, the cryptocurrency market needs "referees on the field", and the U.S. Securities and Exchange Commission (SEC) has performed well in court in cryptocurrency cases. The U.S. Securities and Exchange Commission (SEC) has legal tools in cryptocurrency, but needs more resources.