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The Blockbuster of the Crypto Basic Issues
Preston: "Man, blockbuster all over the place. You've got major pieces of litigation and on top of it, like a minor story in a litigation front is this action by 11 separate states" He says SEC enforcement moves were very well telegraphed; they're going to go after 'the bottlenecks' Pundits have been calling Binance's move to advertise during Superbowl as US-based was just a wink and a nod to U.S. consumers.
Preston Pysh brings back expert digital asset attorney Joe Carlasare, and resonant realist American Hodl. These two are the perfect mix to cover the Binance and Coinbase battle currently taking place against the SEC.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
00:50 - Joe's overview of everything happening from a legal sense in the US over the past 6 months.
00:50 - What is a TRO and how has the SEC used it against Binance?
17:35 - Will the Ripple lawsuit have any impact on the the Coinbase or Binance situation?
30:36 - How is all of this going to impact operations at Coinbase?
32:07 - Potential commingling of funds at Binance.
01:10:22 - The potential of the SEC freezing funds at Binance.
01:10:46 - How long are things going to take moving forward?
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