SEC Chair Gary Gensler Resigns Amid Crypto Industry Cheers
TL;DR Summary
SEC Chair Gary Gensler announced his resignation effective January 2025, coinciding with Donald Trump's second term, sparking widespread celebration and mockery on Crypto Twitter. Gensler, known for his stringent regulatory stance on the crypto industry, was met with reactions ranging from relief to derision from figures like Mark Cuban, Tom Emmer, and Elon Musk. The crypto community, including critics like John Deaton and Erik Voorhees, expressed their disdain, while others humorously questioned the SEC's efficiency.
- Crypto Industry Bids Farewell to Gary Gensler—Exactly Like You’d Expect Decrypt
- SEC Chair Gary Gensler will step down Jan. 20, make way for Trump replacement CNBC
- Crypto Tokens Targeted by US SEC Jump on Gensler’s Planned Exit Bloomberg
- Gensler Says He Won't Leave SEC Until Trump Takes Office The Wall Street Journal
- SEC Chair Gary Gensler resigns, leaves legacy of division and crypto feuds Fortune
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