Andy Serwer and Michael Sonnenshein, Yahoo Finance Summit

The moderator who had just spoken with William Hinman about his speech has event organizers post the real-time trading price of ether, which was up significantly. “You see over there,” Serwer tells the audience. “That was after the comments by the SEC. Interesting market action there, right? Um…whoa!”

“News like this moves markets,” added Sonnenshein, the CEO of Grayscale Investments.

Source: @Leerzeit

Since Chairman Patrick McHenry threatened to SUBPOENA Gary Gensler for NON-COMPLIANCE with Congressional oversight.