If this next sentence doesn't make you suspect foul play, a set up or sheer biasness then I don't know what to tell you: "Binance claim that Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), volunteered to be a company advisor."
I don't know what went wrong and why he ultimately didn't join Binance and went on to become the SEC chairman, but one can't help to think these things aren't coincidental. Would he be a spy, an inside saboteur with the intent to purposely "advise" Binance into their own demise and make this current lawsuit a walk in the park for the SEC? Did the two fall out which now led him on a vengeful path towards Binance? Did he become chairman of the SEC because of his sincere interest in crypto and ties to certain crypto whales/large exchanges with the intent to use his expertise because they were planning to after large exchanges? So many possibilities, so many questions, so few answers. Well, except for one vague non-answer as one expects from these puppet spokespersons.
Because as you could imagine Binance, due to the fact Gensler and CZ knew each other and held business related meetings the past few years, asked for Gensler's removal from any acts from the SEC towards Binance. They got no response and the only reference to this claim and possible acknowledgement was from an SEC spokesperson who stated "the Chair is very familiar with and in full compliance with his ethical obligations including any recusal obligations."
It's not as black and white as most make this out to be. The immediate suspicious/conclusion is that Binance rejected him, but for a while back then Binance was actually sincerely interested in Gensler joining the team.

So who knows what the real reasons are, but my guess is that had Binance really rejected him, they would have made this and the reasons for it public already to ease the FUD, which as you can imagine is running rampant and beyond ridiculous at some places😂🤡🤪