Gensler was approached by the crypto firm in 2018 and 2019, while teaching at the Massachusetts Institute of Technology.
to a Wall Street Journal report based on messages and documents from 2018 and 2020, as well as interviews with former employees.
Messages from Binance's executives seen by the newspaper indicate that Ella Zhang, then head of Binance’s venture investing arm, and Harry Zhou, co-founder of Binance-invested firm Koi Trading, met with Gensler in October 2018. After Gensler declined the advisor position, Zhou wrote in the chat:According to a Binance employee, Gensler would be “likely back in a regulators seat if Dems win the 2020 election.
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