Crypto Investors Actively Sign a Petition to Remove Gary Gensler As Chairman Of the SEC #togrp7

 A group of enthusiasts created a petition accusing the former head of the CFTC and the current head of the SEC of obstruction of justice for failing to enforce laws relating to naked short selling and for failing to provide competent oversight of market makers, referring to the activities of Citadel Securities.

It is possible that Citadel Securities pushed the authors to create the petition. Recall that the company was accused of unfair trading and market making with regard to GameStop shares, using the broker Robinhood and buying customer order data from it. However, it seems that most of the signatories are participating in the initiative because of their dissatisfaction with the SEC head’s rhetoric regarding cryptocurrencies, a market that Gensler calls the “Wild West.”