AI-Generated Fake News Targets Gensler

As the July month commenced, false rumors regarding the resignation of Gray Gensler, the chairman of the United States Securities and Exchange Commission (SEC) circulated within the crypto market. Notably, this time around, the influence of artificial intelligence seems to be intertwined with these rumors. 

On July 1, a news story surfaced on a website called “thecryptoalert.com,” alleging that SEC chair Gray Gensler had tendered his resignation. The article claimed that this decision came as a result of an internal investigation and attributed the information to an unidentified official.

However, upon further investigation, it was discovered that the article’s text obtained an exceptionally high score of 96.8% on the AI detection tool known as ZeroGPT. This notable score suggests a substantial presence of AI-generated text within the article. 

It is worth noting that the website in question appears to be relatively new, having published a total of 17 posts thus far, with the earliest one dating back to June 22nd. Furthermore, a majority of these articles seem to heavily rely on artificial intelligence, as all of them scored around 70% on ZeroGPT. 

Interestingly, despite these findings, several Twitter accounts reposted the article’s content. Among them, the most widely circulated post regarding this topic originated from the account WhaleChart. 

Adding to the discussion, on July 3, Charles Gasparino, a reporter from Fox Business Network, confirmed via Twitter that Gary Gensler is not resigning.  Gasparino reached out to the SEC for verification and received confirmation from them regarding Gensler’s ongoing position. 

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