Quote from: MusaMohamed on Today at 03:22:41 AM

Quote from: tygeade on June 12, 2023, 12:36:24 PM

A lot of people here would prefer CZ over SEC without a doubt but you need to remember that a lot of people who are not Americans are here as well, that's an important part of the discussion.

On the other hand, we are also talking about a situation where it is going to be clear who is going to win this, SEC will do whatever it wants to do and nobody will be able to stop them, the ones who could stop them will not so SEC will wall all over Binance in the USA, not that they can do anything to global one, but the USA version will be crushed if SEC wants it to. This is why who we pick doesn't really matter, in the end it all comes down to the fact that they will do whatever they want and that's the only important thing for them.

You don't need to be a US. citizen or you don't need to support a US. cryptocurrency company to win their fight against SEC attack and lawsuit. Because either Coinbase or Binance US. win, it will be a win for global cryptocurrency companies against SEC. The whole world looks at SEC. and regulations from the USA. so that I don't want to see either Coinbase or Binance US. fail in their fight against SEC.

They are fighting against SEC. unofficially on behalf of cryptocurrency industry and you know, results of those lawsuits will stimulate the cryptocurrency communities in either positive or negative ways. Which one is your favorite between negative and positive?

Weeks after the SEC. lawsuit announcement, Binance US. and SEC. have shown some signals that they will come to a middle agreement to handle the lawsuit that means Binance US. will not fail and not be knocked down by SEC.

This war is no different from the crypto industry's fight with the government. But many people do not support CZ and Binance because they think the SEC is only against centralized exchanges and shitcoin and has nothing to do with bitcoin. I see a lot of bitcoin maximalists supporting the SEC in the recent crackdown and praying that Binance will fail soon.

Although there is an agreement between the two parties, I believe that the SEC will soon find something new to continue against us, they will not let us go until the ultimate goal is to regulate the market.