Former SEC Officials Warn: Gary Gensler Will Still Hold Power After Stepping Down! Has Promoted Five Loyal Enforcement Officers to Continue Cracking Down on Crypto

Former head of the SEC's Cyber Enforcement Office, John Reed Stark, recently warned that outgoing SEC Chair Gary Gensler has quietly promoted five senior officials in the SEC Enforcement Division, attempting to manipulate the SEC Enforcement Division after his departure. This indicates that an unavoidable conflict may erupt within the SEC following the assumption of office by the Trump administration. (Background: Is the BTC super cycle coming? Analyst: Trump's Bitcoin reserves, global corporate buying could break the halving bull-bear fate) (Supplementary background: "Full text of the 'U.S. Bitcoin Strategic Reserve' executive draft: managing BTC as a permanent national asset") The current SEC Chair Gary Gensler, who has long suppressed the cryptocurrency sector, will officially resign on January 20, coinciding with the Trump administration taking office. Trump plans to nominate former SEC Commissioner Paul Atkins, who has a friendly stance towards cryptocurrencies, to take over, which is expected to end years of high-pressure regulatory environment against the cryptocurrency sector. Gensler secretly promoting officials to manipulate the SEC? However, John Reed Stark recently tweeted a stern warning about potential conflicts within the SEC after Trump's inauguration, pointing out that Gary Gensler has recently stealthily promoted a series of lame duck officials, launching a "deep state crusade," an act that is not only disgraceful but shocking. With a Rush of Sudden "Lame Duck" Promotions, SEC Chair Gary Gensler Has Begun a Shameful Deep State Crusade. Gensler's Actions Are Not Just Disgraceful, They Are Scandalous. SEC Chair Gary Gensler is clearly attempting to pilot the SEC Enforcement Division from the grave. Since… — John Reed Stark (@JohnReedStark) December 18, 2024 John Reed Stark accused that Gary Gensler has recently promoted five senior officials in the SEC Enforcement Division to continue controlling influence after his departure, four of whom have significant experience in cryptocurrency enforcement. In John Reed Stark's view, this unprecedented move typically takes decades rather than just a month, and these are civil servant positions, meaning the incoming Trump administration will not be able to easily dismiss them. John Reed Stark pointed out that these promotions were conducted secretly without public announcements or press releases, and Gary Gensler is clearly attempting to continue manipulating the SEC Enforcement Division after his departure: When the newly appointed Paul Atkins takes over as SEC Chair and appoints a new head of the SEC Enforcement Division, that person will face five high-ranking officials personally selected by Gary Gensler, which is an overwhelming majority! Is intense internal conflict inevitable? Looking ahead, John Reed Stark predicts that a fierce conflict will erupt between the Trump administration and the officials appointed by Gary Gensler, as the instructions given to the new SEC Chair Paul Atkins from the White House and cryptocurrency policy czar will undoubtedly be to clear the decks, hold accountable, and immediately order the permanent cessation of all SEC investigations, lawsuits, appeals, etc., related to cryptocurrencies. He expressed concerns for these officials caught in the middle between the Trump administration and Gary Gensler, pointing out that Gary Gensler is pushing these five officials into the fire, forcing them into meaningless confrontations with the future chair, which will ultimately only result in failure. However, as Trump's pro-cryptocurrency stance shapes the future of the SEC, the internal power struggle within the agency may become a hotspot of conflict. Related Reports: Michael Saylor proposes a digital asset framework: using Bitcoin reserves to offset U.S. national debt! CryptoQuant claims it is feasible but challenging. Vancouver passes a proposal for a "Bitcoin-friendly city"! Considering adding BTC to fiscal reserves and paying taxes. Russian Parliament proposal to "include Bitcoin in strategic reserve assets" to counter international economic sanctions. "Former SEC officials warn: Gary Gensler will still hold power after stepping down! Has promoted five loyal enforcement officers to continue cracking down on crypto." This article was first published in BlockTempo (the most influential blockchain news media).