Binance Lawyers Claim SEC Chair Gensler Offered to Advise Crypto Company in 2019

In a stunning revelation, Binance, one of the world’s largest cryptocurrency exchanges, has disclosed that Securities and Exchange Commission (SEC) Chair Gary Gensler had once offered to be an “informal advisor” to the company. Binance’s legal team claims that this history between Gensler and the exchange’s founder warrants Gensler’s recusal from the ongoing legal proceedings.