The XRP community, one of the largest in the crypto sector, is in the limelight for a rather unfortunate reason these days. Known for usually serving some news in advance, the community faced serious criticism on Twitter this time for sharing news that was far from realistic. The subject of this fake news revolved around the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. False News of Gensler’s Resignation From the early hours today, a news story asserting that Gary Gensler had resigned was being circulated on Twitter. It was mentioned that this was confirmed by sources within the SEC, yet no reliable pages have corroborated the story. The claim was initially shared by leading XRP-focused accounts such as Documenting Ripple, causing a shock wave. Appointed as the chairman in April 2021, Gensler has had a controversial tenure since, but the resignation rumors are far from the […]
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