Billionaire and prominent television celebrity Mark Cuban has called out SEC Chair Gary Gensler for the agency’s approach to regulating cryptocurrency. What Happened: Cuban, a long-time investor in cryptocurrencies, specifically taking large positions in Ethereum (CRYPTO: ETH), took to X on Monday to express his concerns. He suggested that the SEC’s current registration process for token-based companies is akin to “trying to put a square peg in a round hole.” Cuban also challenged Gensler’s understanding of the process, implying that the SEC head has never attempted to register a token-based c…
