SEC Chair Gary Gensler is leaving the Securities and Exchange Commission (SEC) on January 20th, 2025, when Trump takes office. This may result in many SEC crypto lawsuits settling without admitting or denying any wrongdoing. SEC Commissioner Hester Peirce may temporarily oversee crypto matters during this transition.
Gensler’s tenure saw numerous enforcement actions against major crypto companies like Binance, Coinbase, and Ripple.
