Speculation on the Future of Binance

SEC has charged Binance with money laundering to which Mr. CZ has plead guilty and agreed to pay a fine of $50M and $4.3B.

Binance was under scrutiny for a while and SEC discovered that Binance was doing the best in terms of their User Compliance, Security and Privacy Policies.

Binance's total assets are worth more than $65B as of 2023. This includes in majority USDT, BTC and ETH which is unlike FTX when it collapsed.

The analysts believe this move by legal department of Binance was a smart one. It prevents Binance from paying a hefty sum in the long run. The fine of $4.3B is merely a slap on the wrist for Binance.