• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
31 March Friday, 2023
TurkishNY Radio
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
TurkishNY Radio
No Result
View All Result
Home Business

Has Binance Made An Offer To The SEC Chairman In The Past?

Binance is always looking for people with government experience to run its business in the US. The latest example of this was SEC Chairman Gary Gensler. It turns out that Gensler was offered a job at Binance when he was still a student.

Sean Odhran by Sean Odhran
10 March 2023
in Business
Reading Time: 2 mins read
0
Has Binance Made An Offer To The SEC Chairman In The Past?2

The years 2021 to 2023 are already filled with irregular news about cryptocurrency exchanges. Individuals who were initially suspicious of cryptocurrency exchanges are now advocating for more frequent sanctions. One example of this came to light recently. According to the news, it was revealed that Binance had made an offer to the chairman of the SEC in the past.

Markets Shaken By This News

This offer, which was made before Gary Gensler became chairman of the SEC, was intentionally distorted on some news sites. It was portrayed as if an irregular offer was made while he was SEC Chairman, and this paid off in a very short time.

YOU MAY BE INTERESTED

What Is a Partial Balance Sheet?

Analyzing Your Company’s Financial Snapshot: Understanding the Partial Balance Sheet

30 March 2023
An AIA was Signed by eToro

eToro, An Israeli Firm, Raises 250 Million Dollars

27 March 2023

We have researched the true version of the news for you in detail. The business proposal between Binance and Gary Gensler, which ended before it began, looked like this.

It turns out that Gary Gensler received a consulting offer from Binance, the largest cryptocurrency exchange in the world, years before he became chairman of the US Securities and Exchange Commission (SEC).

This Offer Was Made While He Was Still At University

The Wall Street Journal reported that Gensler turned down this offer. The article said the offer was made while Gensler was attending MIT in 2018 and 2019.

Has Binance Made An Offer To The SEC Chairman In The Past?

Ella Zhang, former head of Binance’s venture arm, and Harry Zhou, who worked at a Binance-funded startup, met with Gensler in October 2018. “Gensler was liberal in discussing licensing techniques, but declined to be a consultant,” WSJ quoted Zhou as saying in a chat message, referring to discussions between Binance employees. He clarified how he used those terms.

This Is Not The First Employment Initiative

Binance has always sought to hire employees with U.S. government experience. Those efforts have extended to Binance US, the exchange’s U.S. branch. Brian Brooks, former director of the U.S. Office of the Comptroller of the Currency, was named CEO of Binance US in 2021. That same year, former U.S. Ambassador to China Max Baucus also joined Binance to help regulate Binance. These transfers were not limited to Binance.

In 2021, the exchange also appointed Manuel Alvarez, a veteran regulator in California, as chief administrative officer of Binance US.

It may get your attention:
  • Will Fed is Fight Against Inflation Create a New Real Estate Crisis?
  • Revolution or Risk? How Cryptocurrencies Could Impact Global Financial Stability
  • Trump is Russia-Ukraine War Allegation
Tags: Binancecryptocurrencygary genslersec
ShareTweetSharePinSend
Previous Post

The Evolution of the Crypto Market: An Analysis of Worldwide Progress

Next Post

The Dynamic Dance Between Interest Rates and the Crypto Market

Sean Odhran

Sean Odhran

Financial Writer Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments.

SIMILAR NEWS

What Is a Partial Balance Sheet?
Business

Analyzing Your Company’s Financial Snapshot: Understanding the Partial Balance Sheet

30 March 2023
An AIA was Signed by eToro
Business

eToro, An Israeli Firm, Raises 250 Million Dollars

27 March 2023
Who Is Gareth Soloway?
Business

Gareth Soloway’s Net Worth: How Much Has He Earned So Far?

27 March 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NEWS FEED

What Is a Partial Balance Sheet?
Business

Analyzing Your Company’s Financial Snapshot: Understanding the Partial Balance Sheet

30 March 2023
Klee Kai Price Prediction 2023
Cryptocurrency

Klee Kai Coin Price Prediction

30 March 2023
Fixed-Income Sales
Economy

Maximizing Your Investment Portfolio: The Role of Fixed-Income Sales Team

30 March 2023
What Is AAR in Real Estate?
Economy

What Is AAR in Real Estate? Let’s Explain

30 March 2023
DMCA
PROTECTED
TurkishNY Radio

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.