SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits

Quite a lot of memecoins drawing their likeness from the USA Securities Trade Fee and its chair, Gary Gensler, have seen a pointy spike in worth following the regulator’s lawsuits in opposition to crypto exchanges Coinbase (NASDAQ:) and Binance.

One such token is Good Gensler (GENSLR), which rallied greater than 260% within the hours following the regulator’s June 6 grievance in opposition to Coinbase for allegedly providing unregistered securities.

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