Gary Gensler Warns of Crypto Risk: Most Altcoins are ‘Speculative’ Assets

Former SEC Chair Gary Gensler delivered a clear warning to cryptocurrency investors, stating that most altcoins and tokens should be considered highly risky assets with little real value beyond speculation. This bold statement came during an interview where he emphasized the need for deep scrutiny of all cryptocurrencies other than Bitcoin, which he considers the exception due to its established history and regulatory clarity.