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The state apparatus 𝘸𝘢𝘯𝘵𝘴 Binance to be 𝘵𝘩𝘦𝘪𝘳 next FTX.

This is an attempt at capture.

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Yup, retail will sell even tho bitcoin isn’t a security. Big players will gobble it up. Rinse and repeat.

Also that

I like this take. Not sure if capturing a company that big is that easy though.

The gambit goes as follows: bend the knee OR face a mountain of fines and lose access to your biggest market.

Ye, I get ya, it's just that, I think FTX was corrupt to the bone instead of just captured.

From the beginning, yes I agree.

If Binance puts up a bloody fight

If the levies quietly get dropped

Both contain signal ☝🏻

Binance is too a bigger player for that to happen. They will scale through.