Mark Cuban Slams SEC Chair Gary Gensler's Understanding Of Crypto Registration: 'Trying To Put A Square Peg In A Round Hole'

Billionaire and prominent television celebrity Mark Cuban has called out SEC Chair Gary Gensler for the agency’s approach to regulating cryptocurrency.

What Happened: Cuban, a long-time investor in cryptocurrencies, specifically taking large positions in Ethereum, took to X on Monday to express his concerns. He suggested that the SEC’s current registration process for token-based companies is akin to “trying to put a square peg in a round hole.”