Are Binance Really Concerned About Stopping Fraud or Money Power Politics?

Binance is like the Petri dish where they go to really, really grow into something that's disgusting. They put up with FTX for a very long time and didn't say anything about it. And this step of telling them they need to shutter their doors on the whole operation of issuing the USD, to me, seems like they're trying to close off the exits for money to try and flee the Binance system. It seems like they’re preparing to kind of like start, you know, maybe grabbing CZ by the balls a little bit and squeezing. Because one of the things that also makes Binance extremely attractive is that they don't really have a headquarters. So

Play episode from 32:54

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app