Crypto Industry Offers SEC Chair a Lifeline Amid Political Shifts

Tron founder Justin Sun has offered Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), a job. Sun expressed his willingness to hire Gensler provided he could “genuinely treat the crypto industry with sincerity.” This offer comes as the crypto community celebrates Donald Trump’s return to the White House, as he previously vowed to fire Gensler on his first day back on the job.

Gensler has often been viewed as a key antagonist of crypto, with the SEC taking more than 100 actions against the crypto sector, resulting in fines of over $7 billion from crypto firms. However, Gensler’s time in office may come to an end soon due to Trump’s previous statements regarding Gensler and the wave of crypto-friendly lawmakers elected to Congress.

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