Jul 23, 2024

O'Leary Ventures Chairman Kevin O'Leary weighs in on Gary Gensler's role as the Chair of the SEC and how that has impacted the crypto industry. "Everybody else made the assumption you could just go in there and beat him up and he'd change his mind," O'Leary said. "He never did."

Video transcript

What I saw with Gensler was consistency. I watched him getting absolutely fried like a chicken in front of the Senate and he held his ground. He was consistent. He never varied. So you got exactly his position. And I, everybody else made the assumption you could just go in there and beat him up and he changed his mind. He never did. He was completely consistent. And he said I want this to be compliant over and over and over again. And after a while I thought to myself, the guy has made it clear if you're going to be successful in this space, you're gonna have to get on board with his vision of what this looks like. And lo and behold, he went after the FTX crowd, he went after the Binance crowd and he won, you know, they say, oh, you lost cases. No, he didn't. These guys are in jail. I don't, I don't know how you say he lost and he's not even finished yet with the civil litigation on b he just keeps going.

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