The fake news story has gained some traction within the XRP community
Despite the swirling rumors, Gensler's resignation seems highly unlikely. His tenure so far has been marked by a distinct push for robust crypto regulations and bringing more transparency to the market, a task that is far from complete.
As per historical precedence, no SEC chair has resigned within the first two years of their tenure, making Gensler's supposed departure even more dubious. Adding to the counter-narrative, some prominent XRP community members have started challenging these unverified claims. Jungle Inc, a well-known figure in the XRP community, warned followers of a fake news website spreading the uncorroborated Gensler resignation story. Crypto Eri, another prominent member, also advised the community to be"responsible users of social media and not follow/share/spread anything without verifying.
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