SEC’s Gensler offered to serve as an advisor to Binance in 2019: Lawyers claim
Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange's lawyers allege.
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Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange's lawyers allege.
Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in.
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance.
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse.
Despite BTC’s recent recovery, Bitcoin's margin and futures markets highlight a neutral-to-bearish sentiment as traders remain wary of regulatory risks.
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish.
Information revealed in January indicated that the owner of 16 Ethereum addresses profited by purchasing tokens shortly before they were listed on Binance.
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