BlockBeats news, on July 19th, the chairman of the U.S. SEC, Gary Gensler, once again posted a "Crypto Investment Fraud Warning" on social media. He cited an article published in May this year that outlined five ways fraudsters might lure victims into scams involving crypto asset securities.
Note from BlockBeats: It's worth noting that Gary Gensler has made similar risk warnings before the approval of BTC spot ETF and Ethereum spot ETF 19b-4 application.