SEC files restraining order to freeze Binance US assets… Makes you wonder what’s coming next for Coinbase and others.

Directly from the court filings posted by the SEC.

Makes you wonder what’s coming next for Coinbase and others.

Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/FH6r017vBg

— The Kobeissi Letter (@KobeissiLetter) June 6, 2023

Crypto exchanges extract U.S. Dollars and send them overseas.

The SEC is effectively stopping the flow, causing a Dollar shortage. This is about to get ugly. t.co/WaSwi9iaHI

— Financelot (@FinanceLancelot) June 6, 2023