2 min read

The SEC wants to CLOSE DOWN Binance

The SEC wants to CLOSE DOWN Binance


  • 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.


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: