Former Gensler chief compares liquid staking to rehypothecation

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Amanda Fischer, former Chief of Staff to SEC Chair Gary Gensler, recently made headlines for criticizing the SEC’s stance on liquid staking, comparing it to the risky rehypothecation practices that led to the Lehman Brothers’ collapse in 2008. She shared her opinions via a post on her official X page and has since received a lot of backlash from industry leaders and regular crypto natives alike. Amanda Fischer joins Caroline Crenshaw in criticizing the Atkins-led SEC’s crypto stance. Source: @am...