- The SEC case against Binance continues to spark discussions.
- A recent filing suggests that SEC Chair Gary Gensler once offered to work at the crypto exchange.
- The allegations have sparked a flurry of online jabs.
Earlier this week, the United States Securities and Exchange Commission rocked the crypto industry by launching an enforcement action against Binance, the world’s largest crypto exchange.
While the case is still in its infancy, it has already raised a lot of serious talking points, including allegations against Binance for wash trading and mishandling customer funds. In the latest bout of controversy, filings have shown that Binance lawyers want SEC Chair Gary Gensler to recuse himself from the case claiming that he offered to serve as an advisor to the firm in 2019.
Stunning Twist
In a Tuesday, June 6 court filing by the SEC, an attached June 4 letter from Binance lawyers reveals a desire to…
