Confusion has arisen regarding the status of Gary Gensler as the SEC Chairman after a series of conflicting reports and social media posts. Initial speculation was fueled by a tweet from Gensler stating 'it’s been an honor to serve', which led to various news outlets and social media users suggesting he might be resigning, retiring, or being replaced. However, it was later confirmed that Gary Gensler is not resigning from his position at the SEC. The crypto market reacted to these rumors with significant attention.