Pro-XRP “Crypto Dad” Not Interested in Replacing Gensler
Former CFTC Chair Chris Giancarlo, who is known as “Crypto Dad” because of his friendly stance on digital assets, has confirmed that he is not in the race to replace SEC boss Gary Gensler.
In a Thursday social media post, Giancarlo stated that he is not interested in cleaning up Gensler’s “mess” again.
Gensler previously served as the head of the CFTC from May 2009 to January 2014. Giancarlo, who initially joined the CFTC as a commissioner back in 2014, ended up spearheading the agency from August 2017 to July 2019.
Giancarlo has also denied DC rumors about potentially getting a crypto role at the US Department of Treasury.