Today S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators. If Binance lose in this case then whole market gonna be drop drastically, I hope this doesn't get as bad as I imagine it to get.
I heard that if SEC was sending a request to the court for freezing binance US funds. I think that will be greatly affecting the market. The volume of binance US was not as big as the global binance but it's enough to give negative impact to the crypto market.
I hope that will never happen. it will be so bad for crypto.