Podcast

The SEC is Suing Coinbase & Binance | Ryan & David

Today Gary Gensler and the SEC officially filed lawsuits against crypto exchanges Binance and Coinbase.

Jun 6, 2023 • 1 min read

Today Gary Gensler and the SEC officially filed lawsuits against crypto exchanges Binance and Coinbase.

We break it all down and share some hot takes on what this means for the crypto industry as a whole.

TIMESTAMPS

0:40 Is This Lawsuit a Surprise?

2:35 Is This Lawsuit a Suprise?

8:41 An Attack On Crypto

12:05 The 4 Big Questions

17:06 Gary's Public Statements

22:20 SEC Charges Overview

27:47 Analysis on Coinbase

30:31 Brian Armstrong's Take

32:58 The Case Against Binance

38:08 David's Take on All of This

43:38 What "Securities" Are Effected?

48:41 News Price Impact

53:35 Where Does Solana Stand?

57:39 Is ETH The Next Target?

1:02:17 Does Anybody Actually Want This?

1:05:15 Twitter Takes

1:09:08 Gary's Icarus Moment?

1:11:10 Closing Thoughts

Resources

Binance Sued

https://twitter.com/BanklessHQ/status/1665744014081941506?s=20

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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