- This is George Kanellos
- He is called the “Terminator in the world of lawyers”
- Previously, Canellos led the SEC and fought corruption
Company Binance hired to hire four lawyers from Milbank LLP. One of them is George Kanellos, who is called the “Terminator in the world of laws” behind his back.
Star in the world of lawyers
Canellos is one of the best lawyers in the US. And this is evidenced by his great track record. list.
Previously, the man worked as head of the Major Crimes Unit for the Southern District of the New York District Attorney’s office. Then he was the head of the New York Securities and Exchange Commission and co-director of the law enforcement division of the Securities and Exchange Commission. Canellos has worked for both the SEC and the US Department of Justice. This is what the “Terminator from the legal party” looks like.
Canellos also served as co-chair of the RMBS team in the interagency task force on financial fraud. This group was created by Barack Obama in 2009.
The future of the entire crypto industry (or at least its immediate prospects) depends on the dispute with the SEC. This has already been hinted at by prosecutor John Reed-Stark, who is involved in the case. The Justice Department prosecutor said he would seek jail time for those found guilty of crimes on Binance. Therefore, it is not surprising that the exchange decided not to save on lawyers. The company hopes that Canellos’ rich experience and influence will help them defend their rights.
Meanwhile, the freezing of Binance.US assets threatens to liquidate the exchange, the company said.