PANews news on July 3, according to Cointelegraph, on July 1, a news report appeared on the website called "Crypto Alert", citing an anonymous official as saying that the US Securities and Exchange Commission (SEC) Chairman Gary Gensler " Submitted his resignation following an internal investigation." The article was retweeted by the Twitter account @whalechart and received 1.4 million views.

After verification, when checking with the third-party artificial intelligence detector ZeroGPT, it was found that the probability that the text of the report was generated by artificial intelligence was 96.8%. The "Crypto Alert" website published its first article on June 22, and has published a total of 17 so far, most of which have also been tested using artificial intelligence.
Fox Business Network reporter Charles Gasparino confirmed in a July 3 tweet that Gary Gensler had received a response from the SEC stating that Gary Gensler had not resigned.