Will he be sacked? Or will he quit? Either way, crypto industry antagonist Gary Gensler’s days as Securities and Exchange Commission Chair are likely to be numbered.

President-elect Donald Trump is poised to hammer home one of his most popular crypto promises made earlier this year. At least, that's what many in the industry are hoping for.

“I will fire Gary Gensler on day one,” Trump declared at a Bitcoin conference in July, prompting thunderous applause from thousands in Nashville. “The day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over.”

Regardless of the fact that Trump’s words cut against Supreme Court precedent—as Decrypt has reported, a president can’t fire an SEC chair without cause—the names of several potential Gensler replacements are making the rounds ahead of Trump's inauguration on January 20.

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Actually, Gensler is quite interesting. He was originally a fan of cryptocurrency, but after becoming the chairman of the SEC, he became a killer of cryptocurrency. Can this be considered a typical case of power induced qualitative change? Or is it the cycle of a young man slaughtering a dragon and eventually becoming an evil dragon?