.Binance lawyers want SECGov chair to recuse himself on claims of conflict of interest
citing the filing made by Binance lawyers from Gibson Dunn and Latham & Watkins, the SEC chair once offered to be an advisor to the crypto trading platform back in 2019 — not all that long ago.
That period was before his appointment as the successor to Jay Clayton, and he was still teaching at the MIT Sloan School of Business at the time. The Binance lawyer's filing at the time detailed that there was an active conversation between Binance executives, including Changpeng"CZ" Zhao and Gary Gensler, on the subject.
While the report was silent on the reasons why the SEC boss was not hired at the time, it detailed a couple of meetings between CZ and Gensler. On one of the occasions, both met for lunch in Japan in March 2019, and the duo also sat down to an interview as part of a course Gensler was himself taking at MIT at the time.
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