{"id":8151,"date":"2023-06-09T13:23:15","date_gmt":"2023-06-09T13:23:15","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/06\/09\/is-gary-genslers-crypto-crackdown-the-result-of-bad-blood\/"},"modified":"2023-06-09T13:23:15","modified_gmt":"2023-06-09T13:23:15","slug":"is-gary-genslers-crypto-crackdown-the-result-of-bad-blood","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/06\/09\/is-gary-genslers-crypto-crackdown-the-result-of-bad-blood\/","title":{"rendered":"Is Gary Gensler’s Crypto Crackdown the Result of Bad Blood?"},"content":{"rendered":"

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In a shocking twist to the ongoing crackdown on crypto companies<\/a>, it has come to light that SEC Chair Gary Gensler offered his services as an advisor to Binance\u2019s parent company back in 2019. Attorneys representing Binance and its founder Changpeng Zhao (CZ) have filed documents claiming that Gensler had multiple conversations with Binance executives and Zhao. He expresses his interest in advising the crypto exchange in these conversations.<\/p>\n

The alleged rendezvous went down on a lunch meeting in Japan. This revelation raises questions about Gensler\u2019s previous relationship with Binance. Especially considering his current aggressive stance towards the crypto industry.<\/p>\n

All this leads to the question \u2013 is all the crypto drama just another case of \u201cIf You Can\u2019t Join Em, Beat Em<\/em>\u201c? Here\u2019s what we know so far\u2026<\/p>\n

TL;DR<\/strong><\/p>\n