I can also add that BSC has a very high deployment rate of all sorts of scam tokens. I don't know, maybe they already managed to overtake Ethereum blockchain in this indicator. For example, Polygon has lower commissions and lower percentage of scam projects. Unfortunately, Polygon does not have such a powerful promotion platform, which BSC has. Also I strongly support the comment about centralization, BSC network is very dependent on regulators and CZ itself.
Yes. CZ is too tied to all things Binance. The survival of the BSC blockchain depends on him. If Binance fails, we will witness BNB going all the way down the drain in an instant. So much for a "decentralized" platform for smart contracts. I believe BSC needs more validators to become decentralized. Only then, BNB will be able to live alongside BTC and ETH for generations.
The crypto market is still bearish, so I'd take the opportunity to buy and "hodl" as much coins as possible to prepare myself for a future "pump". Who knows if all of this SEC nightmare goes away soon? Just my opinion
Sec cannot find any valid grounds to stop the operation of binance since in the first place CZ maybe already prepared in this scenario. And Sec action is just an attempt to control those crypto platform.
So I guess they can't stop Binance to operate and this issue will just been forgotten so provably accumulation phase will be next so its better to get prepared on this situation since BNB still have a huge potential to have a huge bullish occurrence.