Episode description
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.
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CHAPTERS
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
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Resources:
Binance Sued
https://twitter.com/BanklessHQ/status/1665744014081941506?s=20
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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