1 day ago, SEC sued Binance: https://news.ycombinator.com/item?id=36197353 https://news.ycombinator.com/item?id=36197353 (575 points, 423 comments) The Binance

1 day ago, SEC sued Binance: https://news.ycombinator.com/item?id=36197353 https://news.ycombinator.com/item?id=36197353 (575 points, 423 comments) The Binance complaint: https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-101.pdf https://www.sec.gov/files/litigation/complaints/2023/comp-pr... Which contained the legendary line: > 111. As Binance’s CCO bluntly admitted to another Binance compliance officer in December 2018, “we are operating as a fking unlicensed securities exchange in the USA bro.” From a cursory review, the Coinbase complaint doesn't include the Coinbase "Compliance Officer" declaring that they are running a "fking unlicensed securities exchange in the USA bro", so they are already off on stronger footing than Binance.