They are not taking Binance down. They are hair-cutting its dominance. It has happened before with Bitfinex and Bitmex. Both platforms still operate. My take is

They are not taking Binance down. They are hair-cutting its dominance. It has happened before with Bitfinex and Bitmex. Both platforms still operate. My take is that Binance will keep operating but the crack down will significantly impact its business. This seems like a conspiracy theory: every time an exchange gets too big, the US cracks down on it. But it might be the US is concerned that something gets too big to get out of its control? We already know that P2P and small exchanges are out of control due to sheer size.