Breaking: The SEC v. Binance - What We Know Now

The SEC has filed a lawsuit against Binance, alleging that it may be operating as an unregistered security and mismanaging funds. The lawsuit has sparked intense debates and discussions within the crypto community. Binance, on the other hand, vehemently denies the allegations, stating that they are baseless FUD (Fear, Uncertainty, and Doubt).

SEC Press Release: https://www.sec.gov/news/press-release/2023-101

Binance Responce: https://www.binance.com/en/blog/ecosystem/sec-complaint-aims-to-unilaterally-define-crypto-market-structure-8707489117122437402

Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered as financial or legal advice. Please conduct your own research and consult professionals before making any investment decisions.

Timecodes:
0:00 - Intro
1:00 - Why SEC Suing Binance.
1:29 - SEC Announces On Twitter, Binance Chief Comments (2018)
3:14 - Binance Response
4:18 - Binance And Others Asked For Clarification
5:31 - Final Thoughts

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