The SEC is historically very willing to settle with companies over these types of complaints. I can't really speculate that well on why the SEC would make that sort of decision. It could be that Binance was lying to them repeatedly and they were like, we're not gonna settle with you because of that. And so they I think are gonna fight with everything they've got as far as I can tell. But there is the potential that B finance could continue operations because they have such a global footprint.
Paris Marx is joined by Molly White to discuss the Securities and Exchange Commission’s lawsuits against Binance and Coinbase and what they might mean for the future of the crypto industry.
Molly White is the creator of Web3 Is Going Just Great and a fellow at Harvard Library Innovation Lab. Follow Molly on Twitter at @molly0xFFF.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
The podcast is produced by Eric Wickham and part of the Harbinger Media Network.
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