Binance capital is still free: Cui prodest?

Binance capital is still free: Cui prodest? Judge Amy Berman Jackson denied the SEC's request to seize and freeze the assets of the US division of Binance. A federal judge ordered a compromise solution to be developed that would allow the company to maintain core operations and defend itself against allegations of violating securities laws.As a reminder, last week the SEC sued Binance.US, Binance's global company, and CEO Changpeng Zhao, alleging they misused client funds, defrauded investors, and evaded disclosure rules.The SEC insists the lockdown of $2.2 billion worth of Binance.US assets is needed to protect US customers, given the company's unclear relationship with its international cousin. SEC analysts believe that it is impossible to understand who controls what from the reports of the crypto empire.Binance.US states that blocking capital even amounts for day-to-day expenses, including employee and supplier salaries, will kill the business before the company can organize full legal protection for itself.The first draft of the deal is due today, but the chances are slim.As you know, Hong Kong and the United States are planning to seriously regulate the crypto market, especially stablecoins. Everything should be ready by 2024.Hong Kong Idea: become the center of Web3 and blockchain; maximize the development of the crypto market; provide maximum protection to investors.Idea USA (Gary Gensler version): maximally regulate crypto development and monetary transactions; force crypto companies to stop their legal activities.Alas, the aggressiveness of SEC crypto-repression is on the rise. The United States is making a huge mistake that will lead to the weakening of the role of the dollar and the degradation of American influence in the digital world.The result of this legal war will be the transfer of their crypto capital by American investors outside the US.And who will benefit from it?Profits to yall!#ForexChief #Binance #stocks #Market #forexnews #blockchain #worldnews #crypto