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Gensler Cracks Down On Coinbase & Binance, What Next? | Weekly Round Up

Inflection Point

00:00

Coinbase's Relationship With FTX

Binance was one of the early large investors in FTX originally. If you dump the FTT, which Binance did, it sank the whole ship in like a day. So I will argue there's a little bit of quid pro quo tit for tat going on here. The company is registered all over the world. Most of their entities are not in China. But making this a China Cold War thing is kind of weird.

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