Tech Won't Save Us

Crypto’s Final Boss Fight w/ Molly White

Jun 15, 2023
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INSIGHT

Crypto Exchange Lawsuits

  • Binance and Coinbase face SEC lawsuits, impacting the crypto industry.
  • Binance is the largest global crypto exchange, while Coinbase is the largest in the US.
INSIGHT

Binance's Alleged Violations

  • The SEC alleges Binance offered unregistered securities, including BNB and BUSD.
  • Similar to FTX, Binance's CEO, CZ, allegedly commingled customer funds through Merit Peak and Sigma Chain.
INSIGHT

Binance.us Allegations

  • Binance.us was allegedly a front, with CZ controlling it and pushing US customers to the international exchange.
  • This echoes the Tai Chi document, which outlined Binance's strategy to evade regulators.
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