If we are to go by this recent update from gcko.io on binance and cz then their is likely going to be another melt down.
They are doing shitshow by massively attack Binance and CZ whilst are still trying to say good words about Sam Bankman-Fried. I know SBF was arrested by Bahamasian authority but recent weeks, there are still good words and sympathy for SBF in the USA.
The US prosecutors are at it again in their usual clampdown on Crypto currencies and exchanges thereby causing a drastic drop in the Crypto market. If binance should be conducting kyc for members onboard their platform how come they could not detect the money laundering activities going on onboard their platform.
Did you miss that Binance splited to Binance global and Binance US within a trade war between the USA. and China?
Honestly it is a very smart decision of Changpeng Zao as Binance CEO should smell very well about coming risks.
Did you forget that Binance already required KYC on US customers for Binance US. and require KYC on global users too just a few months ago?