Gensler tiene un año más en su mandato, pero ha indicado que renunciará cuando el gobierno liderado por Trump asuma el cargo. En su artículo, Tyler Wink Levoss aclaró que el comportamiento del jefe de la SEC durante los últimos años es inaceptable. Dijo que no pueden verse como errores cometidos de buena fe porque lo pensó deliberadamente para cumplir con su agenda personal y política. Señaló que el público debería estar dispuesto a boicotear cualquier organización que lo emplee en el futuro. Seamos todos claros en una cosa. @GaryGensler es malvado. Nunca más debería tener una posición de influencia, poder o consecuencia. Cualquier empresa, universidad u organización que lo contrate o trabaje con él después de la SEC está traicionando a la industria de la criptografía y debe ser boicoteada agresivamente... El comportamiento de Gensler es inaceptable, dice Wink Levoss
According to Winklevoss, staying away from him is the perfect way to ensure he doesn’t have the opportunity to misuse power again. He claimed that Gensler didn’t care about the consequences of his actions, in a bid to fulfill the ambitions of his party. “Even if this meant nuking an industry, tens of thousands of jobs, people’s livelihoods, billions of invested capital, and more,” he added.
Winklevoss noted that Gensler’s actions ironically destroyed his political party.
During Gensler’s reign as SEC Chair, the agency made it its sole ambition to go after major firms and crypto exchanges with claims the industry maintains are bogus. Firms like Coinbase, Binance, and Ripple have faced legal actions from the agency, with some still battling caught in the legal maze.
For example, the SEC chose to file an appeal to overturn the verdict that cleared Ripple of the agency’s charges months ago.
Winklevoss said that Gensler used enforcement to regulate the sector, regardless of whatever or whoever was working in the industry.
Consensys CEO Joseph Lubin shares his sentiment. In a recent interview, Lubin said that the crypto sector has been gas-lit by the SEC for a long time.
Tyler Winklevoss also noted that no apology will be enough to salvage the wreck he has caused. Aside from noting that he has no place in a working America in the future, he clarified that the people are fed up with the taxes going to a government that is against them. He mentioned that people like Gensler should be stopped once and for all.
Major players in the crypto industry are now looking forward to a life without Gensler at the helm. Microstrategy CEO Michael Saylor has voiced his opinion, noting that Gensler’s replacement has the most important role in the crypto industry. Saylor added that a pro-crypto SEC Chair will be bullish for digital assets.
According to a Reuters report, citing sources familiar with the development, Robinhood’s chief compliance officer, Dan Gallagher, is currently in the running to replace Gensler. Others are former SEC Commissioner Paul Atkins, and Robert Stebbins, who served as SEC general counsel during Trump’s first stint as President. Although SEC Commissioner Hester Peirce was touted for the job, she has said she isn’t interested.
Meanwhile, eighteen states in the US filed charges against the SEC and Gensler on November 14. The states accused the agency of gross government overreach regarding the crypto industry. The states include Nebraska, Texas, Montana, Iowa, Wyoming, and others.
“The Securities and Exchange Commission (SEC) has not respected this allocation of authority. Instead, without Congressional authorization, the SEC has sought to unilaterally wrest regulatory authority away from the States through an ongoing series of enforcement actions,” the legal complaint read.