A Securities and Exchange Commission (SEC) investigation has concluded that the loss of nearly a year’s worth of text messages from former chair Gary Gensler is due to “avoidable errors.” The SEC’s Office of Inspector General (OIG) found that a poorly implemented policy caused an unintentional wipe of Gensler’s government-issued mobile device, resulting in the deletion of stored text messages and operating system logs. 1,500 recovered messages reveal key communications about crypto enforcement actions were lost. 🤯 🤯 🤯. The OIG report revealed that these deleted texts involved SEC enforcement actions against various crypto companies and their founders, potentially impacting court cases, Congress, and the public’s understanding of how and when the SEC pursued specific crypto-related matters.” , 1,500 recovered messages reveal key communications about crypto enforcement actions were lost. 🤯 🤯 🤯. The OIG report revealed that these deleted texts involved SEC enforcement actions against various crypto companies and their founders, potentially impacting court cases, Congress, and the public’s understanding of how and when the SEC pursued specific crypto-related matters.