False AI-Generated Rumors Target Gary Gensler

Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), has once again been the subject of false rumors, this time involving artificial intelligence.

An article published on “thecryptoalert.com” on July 1 claimed that SEC chairman Gary Gensler had “submitted his resignation following an internal investigation,” citing an unnamed official.

However, it was discovered that the article’s text received a high score of 96.8% on the third-party AI detector ZeroGPT, indicating a high degree of AI text generation.

The website also appears to be very new, as there are only 17 posts, the first of which was published on June 22.

The majority of these articles also seem to make extensive use of artificial intelligence, with an average ZeroGPT score of 70%.

In addition to the majority of the text being generated by artificial intelligence, a search on the internet archive Wayback Machine revealed that the ownership of the domain “thecryptoalert.com” was updated on June 24 at 4:30 p.m.

Nonetheless, several Twitter accounts reposted the content. At the time of publication, the post with the most views on this topic was from the account @whalechart, which garnered 1.4 million views.

Charles Gasparino, a reporter for Fox Business Network, confirmed on Twitter on July 3 that Gary Gensler will not resign after reportedly hearing back from the SEC.

This is not the first time resignation rumors have circulated about Gensler. On April 20, rumors circulated that Gensler was about to be “fired” by questionable sources.

The House of Representatives was presented with a new bill titled the “SEC Stabilization Act” on June 12. One of its primary provisions sought Gensler’s dismissal, referring to him as a “tyrannical Chairman.”