The SEC is Suing Coinbase & Binance | Ryan & David

<p>Today Gary Gensler and the SEC officially filed lawsuits against crypto exchanges Binance and Coinbase.<br /> We break it all down and share some hot takes on what this means for the crypto industry as a whole.</p> <p>------<br /> 📣 ASYMETRIX | STAKE stETH NOW<br /> <a href= "https://bankless.cc/asymetrix-pod">https://bankless.cc/asymetrix-pod</a> </p> <p>------<br /> 🚀 Airdrop Alpha is waiting for you on Bankless.com <br /> <a href= "https://bankless.cc/Alpha">https://bankless.cc/Alpha</a>  </p> <p>------<br /> BANKLESS SPONSOR TOOLS: </p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://k.xyz/bankless-pod-q2">https://k.xyz/bankless-pod-q2</a>  </p> <p>🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE<br /> <a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>👾STADER LABS | ETHX LIQUID STAKING<br /> <a href= "https://bankless.cc/Stader">https://bankless.cc/Stader</a> </p> <p>🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION<br /> <a href= "https://bankless.cc/Toku">https://bankless.cc/Toku</a> </p> <p>🎮IMMUTABLE | GAMING ECOSYSTEM<br /> <a href= "https://bankless.cc/Immutable">https://bankless.cc/Immutable</a> </p> <p>🛞MANTLE | MODULAR LAYER 2 NETWORK<br /> <a href= "https://bankless.cc/Mantle">https://bankless.cc/Mantle</a> <br /> ------<br /> CHAPTERS<br /> 0:40 Is This Lawsuit a Surprise?<br /> 2:35 Is This Lawsuit a Suprise?<br /> 8:41 An Attack On Crypto<br /> 12:05 The 4 Big Questions<br /> 17:06 Gary's Public Statements<br /> 22:20 SEC Charges Overview<br /> 27:47 Analysis on Coinbase<br /> 30:31 Brian Armstrong's Take<br /> 32:58 The Case Against Binance<br /> 38:08 David's Take on All of This<br /> 43:38 What "Securities" Are Effected?<br /> 48:41 News Price Impact<br /> 53:35 Where Does Solana Stand?<br /> 57:39 Is ETH The Next Target?<br /> 1:02:17 Does Anybody Actually Want This?<br /> 1:05:15 Twitter Takes<br /> 1:09:08 Gary's Icarus Moment?<br /> 1:11:10 Clo