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SEC Chair Gary Gensler Allegedly Offered to Serve as Advisor to Binance in 2019

According to CNBC, Lawyers representing Binance and its founder Changpeng Zhao have claimed that SEC Chair Gary Gensler offered to serve as an advisor to the exchange in 2019. The allegations were made in documents filed by Gibson & Dunn and Latham & Watkins on June 7. Gensler reportedly had several conversations with Binance executives, including Zhao, in March 2019.

The story is still developing and more information will be provided as it becomes available.

Binance Changpeng Zhao Gary Gensler
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