Is SEC chair Gary Gensler out to destroy all crypto, or just misunderstood?
Recently there have been a number of articles that have come out about Gary Gensler and his time before being the head of the SEC. Let us see what is being said.
Gary Gensler before the SEC
According to a claim by Binance lawyers, Gary Gensler offered his services o Binance back in 2019. At that time Ginslear was teaching at Massachusetts Institute of Technology’s Sloan School of Management. The proposed offer was for Gensler to take an advisory role for Binance’s main company. This offer was allegedly made several times back in March in 2019. And was made in conversation with Binance executives and Changpeng Zhao, Binance CEO. Eventually, Gensler where able to sit down with Zhao for lunch in Japan.
This certainly can paint a picture of a person out for revenge after he was rejected for a position one would assume would have been well paying. I assume it is most likely one of the goals with this. To paint the SEC simply as a tool Gensler is using to get revenge on a company that wronged him in the past.
