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Justin Sun promised the SEC chair a job if he gets fired

Justin Sun promised the SEC chair a job if he gets fired

In the summer of 2024, Donald Trump vowed to oust Gary Gensler while speaking at Bitcoin 2024. nnOn November 5, presidential elections commenced in the United States, with the politician leading significantly. nnAs a result, the community anticipates Gensler's resignation, which could lead to a more lenient approach from the SEC. nnAmid these developments, the founder of TRON offered Gensler a position if he demonstrated genuine respect for the cryptocurrency sector. nnJustin Sun, the founder of TRON, stated that he would be willing to hire SEC Chair Gary Gensler if the new administration dismisses him. This was previously announced by Donald Trump, who is currently ahead in the U.S. elections. nn"As an industry, we should foster an inclusive mindset, regardless of who it may be. I'm open to bringing Gensler on board if he can sincerely engage with the crypto sector." nn— H.E. Justin Sun🌞(hiring) (@justinsuntron) November 6, 2024 nnSun, alongside many other cryptocurrency authorities, congratulated Trump on his apparent victory. However, it's important to note that vote counting is still ongoing, according to NBC News. nnThe TRON founder subsequently questioned what would happen to Gensler post-Trump's inauguration. The politician promised to remove Gensler "on the very first day" during his address at the Bitcoin 2024 event. nn"As an industry, we need to maintain an inclusive heart no matter who we are talking about. I'm willing to hire Gensler if he will sincerely approach the cryptocurrency landscape. […] Ultimately, this person has a family too," Sun remarked. nnPreviously, reports suggested that if Trump wins, the SEC chair position could be filled by Dan Gallagher, the CLO of Robinhood. nnThe cryptocurrency community appears to have a rather "cool" stance towards Gensler. Under his leadership, the regulator initiated a campaign to enforce compliance among crypto firms with the Commission's regulations, including through legal actions. nnGensler has faced criticism in Congress numerous times. Earlier, we covered an investigation against him and the Commission concerning allegations of "political favoritism." It's suspected that Gensler selected job candidates based on their opinions, which were expected to align with his agenda.

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