Take a seat, of us, as a result of we’re about to dive into the most popular drama within the crypto world. No, we’re not speaking about Bitcoin’s curler coaster or NFTs dropping their shine, however in regards to the departure of the person who made crypto bros scratch their heads: Gary Gensler
Think about that strict trainer at college who liked giving pop quizzes and shock homework. Properly, Gary Gensler was precisely that, however for the crypto world. As SEC Chairman (Securities and Change Fee), he made numerous crypto initiatives sweat bullets. Now, he’s stepping down from his place in January 2025.
Crypto Twitter exploded with varied reactions. Some posted “ding dong the witch is lifeless” memes, whereas others nervous about an excellent stricter substitute. Intriguing, proper? Let’s dive deeper into why this determine made the crypto group so rowdy.
First plot twist: Gary wasn’t just a few tech-illiterate boomer. Earlier than changing into SEC boss, he really taught blockchain at MIT! However maybe that’s why he was so strict — he knew all of the ins and outs.