U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler's social media post expressing that “it's been an honor to serve” as SEC chairman sparked speculation within the crypto community that he might be resigning from his position. Many people, including lawmakers, have criticized Gensler for taking an enforcement-centric approach to regulating the crypto industry.
Amidst speculation and anticipation, Gensler's social media activity appeared to suggest a major announcement was imminent. However, what followed was a rollercoaster of emotions as his posts veered from solemn reflections to unexpected revelations.
Crypto fans duped as SEC chair Gensler pranks with fake resignation stunt, inspiring meme-tastic responses.
In an unexpected twist on social media, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), set off a flurry of speculation with a post that many interpreted as a prelude to his resignation. What Happened: Gensler took to X, formerly Twitter, with a message that seemed to hint at an upcoming resignation.
Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has been posting spicy stuff on social media lately. He tweeted on X, a social network similar to Twitter, that he was going to resign.
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