When former SEC chairman Gary Gensler went on CNBC’s Squawk Box on September 17, to talk, among other things, about his role in clamping down on the crypto industry, he didn’t waver in his administration’s efforts. “We were consistently trying to ensure investor protection. And in the midst of it, we had a lot of fraudsters — look at Sam Bankman-Fried‚” said Gensler. “He wasn’t alone.”