The Disadvantages of Binance

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Gensler: The timing of the Binance yesterday,Coinbase today is a strategy to Coinbase's disadvantage. Gensler: It makes it a lot harder to defend against. And so here's another clip. I'm pretty sure Gary Gensler is just talking about B finance once again. There's a lot of questions. So what is the real underlying value of these tokens? You need full, fair, and truthful disclosures.

Today Gary Gensler and the SEC officially filed lawsuits against crypto exchanges Binance and Coinbase. We break it all down and share some hot takes on what this means for the crypto industry as a whole.

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🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ------ CHAPTERS 0:40 Is This Lawsuit a Surprise? 2:35 Is This Lawsuit a Suprise? 8:41 An Attack On Crypto 12:05 The 4 Big Questions 17:06 Gary's Public Statements 22:20 SEC Charges Overview 27:47 Analysis on Coinbase 30:31 Brian Armstrong's Take 32:58 The Case Against Binance 38:08 David's Take on All of This 43:38 What "Securities" Are Effected? 48:41 News Price Impact 53:35 Where Does Solana Stand? 57:39 Is ETH The Next Target? 1:02:17 Does Anybody Actually Want This? 1:05:15 Twitter Takes 1:09:08 Gary's Icarus Moment? 1:11:10 Closing Thoughts

------ Resources:

Binance Sued https://twitter.com/BanklessHQ/status/1665744014081941506?s=20

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