SEC chairman Gensler declined to say whether Ether is safe.

On January 10, SEC chairman Gensler declined to say whether he believes the world's second largest cryptocurrency should comply with strict SEC rules. “I won't be going for this special,” Gensler said in an interview on Monday. "As I chair five committees, and the board is also the governing body, I will not discuss any plans or events at the meetings. I will speak publicly and will not provide any legal information on television," a- he declared. During Clayton, the former chairman of the SEC, in 2018, a senior company official said the SEC did not consider Ether security.