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CAUTION Binance Accused Of Commingling Customer Funds (Suddenly Delists Tokens)

Originally aired on June 7, 2023

This episode covers the latest developments in the SEC’s lawsuits against Binance and Coinbase.

As you may know, the SEC recently hit both exchanges hard, which is a serious issue for the industry, and we want to make sure you’re up to date on all the latest news.

Binance is being accused of commingling customer funds and has suddenly delisted certain tokens. This has raised concerns about the future of non-corporate capitalism in America and the predatory actions of the SEC.

Is Binance being unfairly targeted by the SEC?

  • Binance is accused of commingling customer funds and has delisted certain tokens.
  • The SEC’s actions are viewed as predatory and infringing on individual liberty.
  • The wealth gap in America is creating fewer opportunities for entrepreneurs.
  • Public servants funded by taxpayers’ money are refusing to provide clarification on what is permitted, leading to confusion amongst crypto businesses.
  • The SEC’s whistleblower program is providing significant rewards through taxpayers’ funds.
  • Binace is facing increased scrutiny and accusations, but it does not necessarily mean they are at fault.

00:00 – Intro & discussing the wealth gap

09:00 – CZ addresses fake news

11:00 – Top exchanges listed by trust score

12:45 – SEC seeks to freeze Binance.US assets

18:00 – The entire crypto market

18:10 – BTC daily & 6h

20:00 – Binance accused of commingling customer funds

29:05 – Binance to delist select trading pairs

32:10 – Court sides with Coinbase

36:50 – Coinbase CEO responds to lawsuit on CNBC

40:45 – Cathie Wood Arkinvest buys the $COIN dip

41:10 – Coin price analysis

41:30 – Robinhood prepares to delist tokens

43:25 – Total crypto market cap recovers despite FUD

45:00 – Janet Yellen expects more banking consolidation

52:55 – Full committee hearing scheduled to discuss regulation

53:25 – More crypto news stories