GERRY'S PRANK TOWARDS BTC HALVING

US Securities and Exchange Commission (SEC) Gary Gensler's post on social media platform X caused confusion in the crypto community, with some people mistakenly believing that he would resign.

Gensler's post began with the phrase “It was an honor to serve,” which is commonly used by those leaving office. This led many in the crypto world to believe that the SEC chairman would resign, something they expected given his enforcement-focused approach to regulating the industry. However, those hopes were quickly dashed when Gensler followed up his post with a statement praising his work at the SEC.

“We have worked to make our markets more efficient, competitive, transparent and resilient. We have completed 38 regulations – on Treasury clearing, corporate governance, and money market funds, to name a few,” Gensler wrote in a follow-up post.