Crypto: Republicans Launch Probe into Gary Gensler's Deleted Text Messages

**Republicans Launch Congressional Probe into SEC's Gary Gensler Over Deleted Cryptocurrency-Related Text Messages**

House Republicans have initiated a formal investigation into deleted text messages from former SEC Chairman Gary Gensler, potentially uncovering crucial communications regarding the agency's aggressive cryptocurrency enforcement actions. The missing digital communications, erased during Gensler's tenure leading the Securities and Exchange Commission, may contain sensitive discussions about high-profile prosecutions targeting major crypto companies, Bitcoin ETFs, and DeFi platforms.

This congressional probe could significantly impact cryptocurrency markets and regulatory clarity, as investors and blockchain companies seek transparency in SEC decision-making processes. The investigation comes amid ongoing tensions between crypto advocates and federal regulators, with many arguing Gensler's SEC adopted an overly hostile stance toward digital assets and cryptocurrency innovation.

The deleted messages scandal raises questions about government accountability in cryptocurrency regulation and could influence future Bitcoin, Ethereum, and altcoin market sentiment. As congressional Republicans push for answers, the crypto community watches closely for potential revelations that might reshape regulatory approaches to blockchain technology, cryptocurrency exchanges, and digital asset compliance frameworks.