TechFlow reported on July 3 that in response to the widely circulated claim that "U.S. SEC Chair Gary Gensler has resigned," Fox Business journalist Eleanor Terrett stated, "My sources at the SEC say this is nonsense. I've reached out to the SEC's communications team for official comment and will report back when I receive a response."
TechFlow found that the news originated from the website TheCryptoAlert.com. A note at the end of the article indicated the information was based on anonymous sources and should be treated as speculation until officially confirmed by the SEC or Gensler himself. Previously, the site had spread false news about Ripple, claiming that Ripple would buy back 10 billion XRP from the market—a statement later denied by Ripple's official team.
