Odaily Planet Daily News - John Reed Stark, former head of the Internet Enforcement Office of the U.S. SEC, issued a stern warning about potential conflicts within the agency following Trump's victory. Stark recently posted on X, stating: 'With the sudden promotions of a series of 'lame duck' officials, SEC Chairman Gary Gensler has begun a deep-state purge. Gensler's actions are not only shameful but shocking.' Stark accused Gensler of promoting five senior officials in the SEC's enforcement division to ensure his influence after leaving office, four of whom have extensive experience in cryptocurrency enforcement. He described these moves as unprecedented and noted that such promotions usually last ten years, not one month. Stark explained that these are career civil service positions, meaning the new government cannot easily cancel them. Stark stated: 'SEC Chairman Gary Gensler is clearly trying to manipulate the SEC's enforcement division after his departure.' He added that these promotions were done quietly, without public announcements or press releases. Looking ahead, Stark predicted that a conflict will brew between the incoming Trump administration and Gensler's appointees: 'The orders from the White House and the crypto czar to the new SEC Chairman Paul Atkins are undoubtedly to clear the decks, take names, and immediately order the permanent cessation of all SEC investigations, lawsuits, appeals, and rulemaking related to cryptocurrencies.'

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