Justin Sun Extends a Job Offer to Gary Gensler
Justin Sun, the visionary behind Tron (TRX) and major investor in HTX (Huobi), has proposed a new career path for Gary Gensler, the chair of the U.S. SEC.
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Justin Sun, the visionary behind Tron (TRX) and major investor in HTX (Huobi), has proposed a new career path for Gary Gensler, the chair of the U.S. SEC.
This offer surfaced amidst talks of Gensler’s potential dismissal, an idea floated by Donald Trump as part of his re-election promises.
Sun stated he’d be open to offering Gensler a role, but only if the SEC head shifts to a more accommodating stance toward the crypto sector.
Check out: Trump’s Triumph: The Crypto World Responds
It’s worth noting that Sun’s history with the SEC has been rocky. The commission has charged him and his companies with artificially influencing the market through wash trading and filed lawsuits claiming TRX violates securities regulations, according to Gensler’s views.
Throughout his time as the SEC’s chair, Gensler has maintained a stringent approach to cryptocurrencies, making him a regular target of criticism within the crypto community. His strategy is often viewed as overly restrictive, seen as an obstacle to the sector’s development.
Read on: Gary Gensler: The Antihero of Our Time
Sun’s statement may have been a lighthearted joke. Yet, let’s not forget that before becoming SEC chief, Gensler once sought an advisory position with Binance, a proposal that Changpeng Zhao declined.
Could that rejection have sparked his distaste for crypto?
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