The SEC wants to CLOSE DOWN Binance
Agenda:
- What happened to Binance
- How is the market reacting
- What does this mean for crypto?
SEC sued Binance
BNB is a security:
Dodging regulation:
Commingling customer funds and hiding behind shell companies:
Offering securities:
Wash trading:
BUT! ETH is not a security.
How the market reacted
A dipperino but not a big one:
Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap
The live Bitcoin price today is $25,610.74 USD with a 24-hour trading volume of $20,448,387,552.29 USD. We update our BTC to USD price in real-time.
https://twitter.com/ki_young_ju/status/1665778756357693441?s=20
What does this mean for crypto long-term
If DOJ gets involved, all bets are off:
Other exchanges (CEX/DEX) will fill the gap:
Could be bullish in fact:
