SEC Chairman Gary Gensler Teases Resignation Prank Crypto X
Key Takeaways
- SEC Chairman Gary Gensler posted a message to
- The post received a lot of backlash, reflecting dissatisfaction with Gensler’s “regulation by enforcement” approach.
- The SEC, under Gensler, has stepped up enforcement actions.
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC) caused a commotion to With a text that seemed like a resignation announcement.
In the post He thanked the SEC Looking back on his three years of leadership, This included more than 2,000 enforcement actions and the introduction of numerous regulations.
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The tone of the post suggested preparations to announce Gensler’s resignation. but he quickly He said he was “not done yet” with the agency. Many people felt misunderstood.
Bloomberg analyst Elliott Stein suggested The fraudulent nature of the post Maybe that was intentional, I am aware of Gensler’s “trolling tendencies.”
The post spread quickly, It has over 1.9 million views and over 4,000 comments. These comments are: As user @inversebrah mentioned:He was primarily critical of Gensler and expressed disappointment that he did not actually step down from his position.
Scott Johnsson, general partner at Van Buren Capital, also pointed out The post places a strange emphasis on execution statistics. I liken it to the Department of Justice celebrating the number of incarcerations.
widespread Dissatisfaction with Gensler stems from his “regulation by enforcement” approach. The SEC’s latest target was Uniswap, a decentralized exchange that received a Wells notice from the agency.
The post and subsequent reactions show tensions between the SEC and the cryptocurrency community, reflecting the ongoing debate over cryptocurrency regulation.
With a master’s degree in Economics, Politics, and Culture in East Asia, Aaron wrote a scientific thesis analyzing the differences between Western capitalism and collective capitalism after World War II.
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