The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but dont hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!
With the prevailing mindset of the USA SEC, it is not quite remote that they can bludgeon on Binance for grounds of doing illicit business in USA. Of course, Binance has all the means available to fight back this disaster. I always believe that Binance is keeping an open line communication with the SEC on this matter as they can never allow their name and reputation to be tarnished just to be continuing business in USA...and Binance can easily sacrifice this share of the market anytime. Binance must have compliance all the time in check making sure that they are following the guidelines set by the government.