Crypto vs. SEC: The Crackdown on Coinbase & Binance

[01:42] A recap of why the crypto exchange FTX went bankrupt

[04:26] Whether crypto passes the Howey Test

[08:21] What it means to trade

[12:46] Why the SEC is suing Coinbase and Binance

[14:49] The similarities between FTX and Binance

[16:31] What is Binance's Sigma Chain?

[20:45] What is happening to Coinbase and Binance now?

[22:59] On the SEC's apparent hostility to cryptocurrencies in general

[25:37] Why forcing crypto exchanges into the regulatory framework might not be a good idea