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AI-generated fake news sparks rumors of Gary Gensler’s resignation

b2e14a9f-0fa1-439f-aa3d-7b436dd16af8.jpg

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work.

False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part.

On July 1, a news story appeared on a website dubbed “thecryptoalert.com” claiming that SEC chair Gary Gensler had “submitted his resignation following an internal investigation," citing an anonymous official.

However, Cointelegraph found the article’s text scores high on third-party AI-detector ZeroGPT, scoring 96.8%, signaling a high degree of AI text generation.

The website also appears to be very new, with only 17 posts in total, the first of which appears on June 22nd. Most of these articles also appear to make heavy use of artificial intelligence, with all articles scoring about 70% with ZeroGPT.

AI-detector ZeroGPT found that 96.8% of the text was AI-generated. Source: ZeroGPT

In addition to the bulk of the text being AI-generated, a search on internet archive Wayback Machine revealed that the ownership of the website’s domain “thecryptoalert.com” was updated at 4:30pm on June 24.

Related: Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

Despite this, a number of accounts reposted the content on Twitter. The most widely viewed post concerning the matter was from an account called @whalechart, which has garnered 1.4 million views at the time of publication.

BREAKING:

Anonymous official at the SEC has reportedly disclosed that chairman Gary Gensler is going to resign following an internal investigation.

— whalechart (@WhaleChart) July 2, 2023

In a July 3 tweet, Fox Business Network reporter Charles Gasparino confirmed that Gary Gensler is not resigning after reportedly hearing back from the SEC.

Breaking: As expected @SECGov PR says @GaryGensler is not resigning

— Charles Gasparino (@CGasparino) July 2, 2023

This isn’t the first time rumors of Gensler’s resignation have made the rounds. On April 20, claims that Gensler was preparing to be “fired” were circulated by questionable sources.

On June 12, U.S. lawmakers introduced a new bill dubbed the "SEC Stabilization Act" to the House of Representatives. One of its main provisions sought to fire Gensler, calling him a "tyrannical Chairman."

Magazine: Crypto regulation — Does SEC Chair Gary Gensler have the final say?

Source

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    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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