Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

MYSTERIOUS: Gary gensler as treasury secretary crypto community united in pushback against idea - What They Never Told You

Gary Gensler Kamala Harris SEC Crypto Donald Trump Treasury Department Caitlin Long Binance Polymarket Leo Schwartz
Gary Gensler is a notorious figure in the crypto space due to his years-long crackdown on the industry. (Credit: AFP)

KEY POINTS

  • Washington Reporter first floated the rumor that has since been debunked by an industry executive and a Fortune reporter
  • Even with the rumor being debunked as false, crypto users expressed intense opposition to the notion
  • One user noted that Gensler's 'war' on crypto was a much bigger factor than Democrats could imagine
  • Realio's Derek Boirun insisted the rumor is true until Harris herself clarifies that it's false

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is already a widely disliked figure in the cryptocurrency community, but a new rumor suggesting Vice President Kamala Harris will nominate him as Treasury Secretary if elected has united crypto users to declare a "hard pass."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Xochitl Gomez learned about the film business as a child
Xochitl Gomez has recalled what she learned about the movie business as a child.
BANG Premier
BANG Premier
Man says he gave the woman he was seeing a $200 hoodie, only to find it in a photo of another man proposing to his wife
He just wants his hoodie back.
We Got This Covered
We Got This Covered
That Meat Package Looks Fine — But These Warning Signs Deserve a Closer Look
Picking up meat at the grocery store often comes down to a glance at the package and its price. If the color looks normal and the sell-by date is still several days away, it may seem like an easy decision. But those details do not tell the entire story. Packaging…
Grocery Coupon Guide
Grocery Coupon Guide
Marvel’s New X-Men Cast Photo Has Fans Pointing Out One Odd Detail: “Full Boycott”
The internet has found another reason to put Marvel's upcoming X-Men reboot under the microscope, and this time, it's the faces in the cast photo.
Bored Panda
Bored Panda
Taylor Swift branded ‘fakest’ New York Knicks fan by player
Athlete was asked to name the ‘fakest celebrity Knicks fan’ in a now-deleted TikTok video
The Independent UK
The Independent UK
Struggling to spell ‘male chauvinist pig’? Apple’s grey list means your iPhone won’t help you
There are more than 100,000 words and phrases that the tech giant has restricted its predictive text from completing, research shows
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play