Binance has alleged that Gary Gensler previously offered to be an advisor to the company. They say that this means that he should recuse himself from any proceedings having to do with Binance. Meanwhile the SEC says, basically, that CZ used Binance US like a personal piggy bank. It’s messy out there, folks.
Are we at the SEC Crypto endgame? This week the regulator has sued Binance and Coinbase and made it clear they want crypto gone from America. Unfortunately for them, the industry isn’t backing down.
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