Binance’s Problems Continue….
As we have mentioned several times in previous articles, the USA are in open war with Binance and its operation in the country.
The new round in this war is the firing of around 100 employees from Binance USA and also the departure of CEO, Brian Schroder. His replacement will be Norman Reedan, the now chief legal officer of Binance USA.
In its statement, Binance announced:
“SEC has chosen a really aggressive position against us, costing many American jobs and capitals from the US economy.”
The SEC has started to sue all the above and this is not going to stop now.
The war between crypto exchanges and SEC will bring the next chapter in the regulatory framework for them.
We will see what will happen to other crypto exchanges and how they will face similar situations….
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