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Crypto’s Final Boss Fight w/ Molly White

Tech Won't Save Us

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The SEC's Motion to Frozen Assets of Binance's US Entities

The SEC is seeking a temporary restraining order against Binance, which seeks to freeze assets belonging to the company's US entities. It seems like the SEC is concerned that B finance might try to move funds out of the US bank accounts and entities into portions of the B Finance system where they are out of reach of US regulators. So it's a pretty extreme motion in the sense that it's really alleging that Binance is engaged in some shady stuff. And they really want the judge to crack down on it before something really bad can happen.

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