TRACKING
THE SEC’S
ANTI-CRYPTO
CRUSADE.

Under Chair Gary Gensler, the SEC has deployed a “regulation by enforcement” approach against America’s leading crypto companies. This page explores the key figures behind this targeted campaign against the digital asset economy, but it’s impossible to quantify the innovation lost under Chair Gensler’s leadership.

updated
[NOV 1, 2024]

$
3
9
9
,
9
9
9
,
9
9
9

SPENT IN DEFENSIVE LITIGATION

(Self-reported data by Blockchain Association member companies to HarrisX. This figure will be updated as legal proceedings continue)

Chair Gensler has overseen a record number of enforcement actions targeted against the digital asset industry and risks driving this burgeoning sector of the innovation economy offshore.

SEC ENFORCEMENT ACTIONS BROUGHT AGAINST THE DIGITAL ASSET INDUSTRY UNDER CHAIR GENSLER THROUGH 2023

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Blockchain Association, in partnership with HarrisX, released public perception polling on the Securities and Exchange Commission’s “regulation by enforcement” approach to the U.S. digital asset industry under Chair Gary Gensler’s leadership. According to polling, voters believe that the U.S. has taken the wrong approach toward crypto and that the SEC has been too heavy handed.

The American voter – and investor – is eager for a change. A critical next step: Congress must act to establish comprehensive digital asset legislation for the industry.

Neither political party currently “owns” the crypto issue, but voters say they are more likely to support and back candidates who encourage innovation in the digital asset space.

View the full report

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RegulationbyEnforcement.org is a project of Blockchain Association and HarrisX.

This survey was conducted online by HarrisX within the United States from October 25-28, 2024, among 1,717 registered voters nationally. The sampling margin of error of this survey is plus or minus 2.4 percentage points. Results were weighted by gender, age, race/ethnicity, income, education, party, and region where necessary to align them with their actual proportions in the population.

Learn more at TheBlockchainAssociation.org and HarrisX.com.

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