[JumpCrisscross]

> not about Binance. They are going after Coinbase, too. They are trying to severe the connections between tradFi and deFi...Isn't that a coincidence?

No. It’s hard, politically, to go after something when it’s making people rich. These investigations have been ongoing, some for years. FTX and Silvergate changed the calculus of watching, waiting and collecting versus pressing charges.

[pffft8888]

It's a great smoke screen for sure. They've been wanting to do this for ages. Now they have an excuse. Some would even venture to say that they knew about FTX and let it slide until it blew up, same way they knew the Saudis were funneling money to 9/11 terrorists and did nothing, then went to war with Iraq. Coinbase feels like Iraq right now. LOL. I mean some may say this is the emergent AI of gov acting out, not anyone doing it consciously. Something is extremely disturbing about this coinciding with an FBI-coordinated mass censorship campaign that upholds the field of denial everyone is stuck in.

[JumpCrisscross]

> been wanting to do this for ages. Now they have an excuse.

There is always a longer list of enforcement targets than enforcement capacity. Learning from crises isn't a conspiracy, it's competence.

> they knew about FTX and let it slide until it blew up

I would 100% say this. Many people did. They weren't confident, however, they could prove it in court.