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Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019


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"Key Points

According to a new filing from Binance’s lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.

At the time, Gensler was teaching at Massachusetts Institute of Technology’s Sloan School of Management.

Gensler has been cracking down on the crypto industry over the past year, and earlier this week sued Binance."


I don't know if this is important or not. Maybe he was looking for a job after his teaching tenure. I feel the only important thing that comes out of it is if Binance has documented evidence of scammy behavior by asking or offering something for the job or some other greesed hand bribe, other than that it just seems like drama .

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Binance can play/twist it as a revenge motive.  It's not much to go with, could look a bit worse for ole Salad Fingers Gensler if he was offering 'special help' in the same way he has been linked to letting FTX run loose in the playground without supervision.

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