The public relations (PR) team of the U.S. SEC denies rumors of Chairperson Gary Gensler’s resignation, debunking speculation within the crypto community.
The U.S. Securities and Exchange Commission’s (SEC) Public Relations (PR) team has dismissed claims of Chairperson Gary Gensler’s resignation, ending the speculations that had garnered attention within the crypto community.
The refutation came via email after the well-known Fox Business journalist Eleanor Terrett reached out to the SEC internal team to confirm the alleged resignation.
Terrett shared a screenshot of the email response she received from the SEC’s PR team, which contained a succinct response that simply stated, “NOPE,” indicating no truth to the rumors of Gensler stepping down from his position as Chairman.
The response from the @SECGov’s PR team when asked whether the rumors of @GaryGensler resigning his position as Chairman following an alleged internal investigation had any merit. ?? https://t.co/LAKpdrytac pic.twitter.com/w71dbfsRHh
— Eleanor Terrett (@EleanorTerrett) July 3, 2023
Crypto Community Reacts
Previously, pro-XRP lawyer John Deaton, aware of the rumors, cautiously expressed his skepticism on Twitter, highlighting his reluctance to believe the news until it was confirmed by a credible source such as Fox Business.
@EleanorTerrett @CGasparino @cvpayne @LizClaman
Until I hear from @FoxBusiness I’m not believing it. https://t.co/1rVMn8fwvG— John E Deaton (@JohnEDeaton1) July 2, 2023
A decentralization enthusiast echoed Deaton’s sentiment, questioning the legitimacy of the rumors given that only one website had posted the supposed resignation of the SEC chairperson. The Twitter user likened the report to an AI-generated text, emphasizing the need for substantial evidence before accepting such claims.
While some remained skeptical, another commentator suggested keeping an open mind, acknowledging the possibility that the rumors could be true based on previous accurate leaks shared on Twitter.
In a related comment, an XRP enthusiast drew attention to a past incident involving a fraudulent post about Ripple’s buyback. The Twitter user argued that the same questionable blog that claimed Ripple was buying back 10 billion XRP tokens was behind the rumors surrounding Gensler’s alleged resignation.
It was the same scammer who posted the ripple buyback last week. https://t.co/Bnd4idhpiw
— Tim.FireGaryGensler (@TimR614) July 2, 2023
It is worth mentioning that prominent members of the Ripple and XRP communities have debunked the buyback claim, as The Crypto Basic reported.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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