I'm not supporting anyone on this issue; both the SEC and Binance CEO are not completely clean; they all have what's going on for them under the ground. In as much as the SEC is claiming to be protecting their investors interests by deciding for them on what's safe and what's not safe, I always see a personal interest and attack over their past and present cases with crypto exchanges.

Binance and Coinbase, on the other hand, have helped the crypto community by promoting and making things a little bit easier for people who need it closer to them and easier to assess, but they are here to do business, and their sole aim is to make profit, and for them to make this profit, they all have their fvcking hands dirty in doing the wrong thing, which we might never have any idea of, so what's what? They know how to handle themselves, the SEC says what they are selling to their citizens is not safe, then it's left for Binance to either agree or they let the citizens who they are protecting decide. Then, on the part of being unregistered, if it's actually true that they are operating some service unregistered under the US then the SEC has the right to sue them.

Whoever wins the case, it does not really matter much to Bitcoin and other crypto. I'm general BNB, and any coin associated with Binance might be affected... But bitcoin transactions will still continue.