The SEC wants to take down Binance at all costs. It seems like Gary Gensler hates crypto more than anything else. If this keeps going, it's likely the crypto industry will move away from the US into countries with a friendly-regulatory stance. I see both HK and the UAE becoming the next epicenters of the crypto industry. Without money pouring into the US market, the country will lose the opportunity of staying at the forefront of innovation. In other words, the US will be left behind in the dust.

CZ was smart enough to pay the fine and face responsibility for his actions (unlike SBF). This is good for the long-term image/reputation of Binance. I'm pretty sure BNB will rise from the ground up after a prolonged fiasco with the SEC. As for Bitcoin, I believe it will only grow bigger and stronger in the future. If the crypto industry works hand-in-hand with the government, it will be able to grow towards unprecedented heights. Just keep buying, holding, and forget about the rest.