Lucky, I am not affected by this case. It is maybe a blessing of not living in the US, and not experience ego tripping SEC to show how powerful they are in order to control exchanges within their jurisdiction. If the SEC continue this pursuit against exchanges, they will be missing out and these exchanges will thrive elsewhere. Many countries are friendly with cryptocurrency so there will be an alternative options for these exchanges to continue their services.
I read somewhere yesterday that China is welcoming all crypto exchanges to its country for a peace operation, US don't know what they are throwing out of the window right now, crypto isn't the reason why the USD is losing face, they are trying to make it look like that, but I suspect that many US citizens are moving their money off bank accounts into crypto investment and the government doesn't like this.
Isn't Cryptocurrency still banned in China? Probably you are talking about Hongkong?