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First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

Squawk on the Street

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The Importance of Proper Disclosure of Tokens

On these platforms, they often have hundreds of tokens. It's for the public to decide what they want to invest in, but it's the law that it should be based on proper disclosure. "Without that proper disclosure, the public can't answer the question as to whether it's just counterfeiting," he says.

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