SEC has to pick on someone after their losses.

Crypto is getting massive worldwide adoption by the years, soon, one country’s decision alone will not have an affect on the crypto industry. This US SEC issue is just a minor, temporary set back.

Historically this type of event has been a huge buying opportunity.

Binance will fight the SEC to the full extent of the law. Because Binance is not a US exchange, the SEC’s actions are limited in reach.

Not just this, the atomic wallet hack was also a big deal. But I feel like the SEC will lose case just like they lost against XRP.