Gary Gensler Found Shilling Algorand in an Old Video

Gary Gensler Found Shilling Algorand In An Old Video Gary Gensler Praised Algorand And Then Labeled It SecurityApril 18, 2023Story: Jai PratapAn old video of the SEC chair is circulating on Twitter in which Gensler is seen praising Algorand.Gensler called Algorand a “great technology” while contemplating whether a smart contract can support services like Lyft and Uber.The video started to resurface on Twitter after the SEC declared that ALGO is an unregistered security.Crypto influencer Mason Versluis was the first one to  highlight how Gensler was shilling ALGO four years ago and is now labeling it as security.In the video, Gary Gensler is seen acknowledging former MIT colleague and Algorand founder Silvio Micali in the speech.Gary Gensler will testify before the U.S. House Committee on Financial Services on April 18  on the oversight of the SEC.Earlier, a US congressman announced to file a legislation seeking to remove Gensler as SEC boss.More Crypto Stories...