⚡️⚖ #BNB CFTC sues Binance for violating the rules of doing business in the United States

👀 #BNB on the news

🙋‍♂️ What will CZ write in response?
🔥 4 😁 3 👀 5 🗿0

👀 CZ answers

🔝 Today's leaders #MTL #XTN #VR

🍿 #BNB, #BUSD, #SOL, #ADA, #MATIC, #FIL, #ATOM, #SAND, #MANA, #ALGO, #AXS and #COTI named securities in SEC lawsuit

🍿 #BNB SEC also sues Binance US

🍿 SEC Gary Gensler: Based on thirteen allegations, we allege that Zhao and Binance engaged in a vast network of deceit, conflicts of interest, non-disclosure, and deliberate evasion of the law

🍿📊 Net outflow from Binance $69M after the news (~ in 1 hour)

🍿 Binance US affiliate transferred at least $145M to a CZ-controlled company who then bought the yacht

🍿 At the request of connoisseurs

📊 Open interest in #BTC exchange futures rose by $500M in 24 hours (+7%) - the highest level since the collapse of the SVB

📉 #COIN Coinbase shares fell ~10% after the SEC lawsuit against Binance. MicroStrategy (#MSTR) by ~9%.

🍿 #BNB Binance US responds to SEC and Gensler: We will defend vigorously, we call on Congress to intervene and pass bipartisan legislation that will create a workable digital asset regulatory regime. Twitter

🥳 #DYDX on it all

🍿📊 Net churn from Coinbase $454 million per hour

🗣 cz binance: Together we are strong.

💸 Over $200 million liquidated in the last hour amid hype

👀 #BNB #1 in terms of trading volume and Twitter activity

🍿 According to 0xScope, Binance's net reserve asset outflow in the last hour was approximately $1.4 billion, which is 2.2% of its total reserve assets of $62.5 billion.