‘Crypto Dad’ squashes rumor that he could replace Gensler as SEC chair

Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC chair.

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Chris Giancarlo, the former United States Commodity Futures Trading Commission chair, refuted rumors that he’s in the mix to take over for Gary Gensler as head of the Securities and Exchange Commission.

“I’ve made clear that I’ve already cleaned up earlier Gary Gensler mess [at the CFTC] and don’t want to have [to] do it again,” Giancarlo, widely known as “Crypto Dad,” said in a Nov. 14 X post

Giancarlo was a CFTC commissioner between June 2014 and April 2019, joining a few months after Gensler left his four-and-a-half-year tenure as chair of the agency in January 2014. Giancarlo was later appointed as the CFTC’s acting chair from January to August 2017.

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