The U.S. CFTC is a law enforcement agency that is also profit-seeking. In its 15 years of operation, the CFTC has invested 3.5 billion in fiscal revenue and collected US$20 billion in fines, which are its proud achievements. It also gave #BTC #ETH legal commodity trading status by allowing futures trading.

The battle between the CFTC and the SEC over the regulatory power of cryptocurrency is also the current background. In historical cases, derivatives exchange bitmex and stablecoin platform tether continued to operate normally after paying fines of US$100 million and US$42.5 million respectively.

Similarly, the SEC's prosecution of xrp eos xtz has been going on for many years, and most of them were fined. They all follow the normal court procedures and will not be strangled directly by a red-headed document.

The use of economic means to solve legal problems is also an advantage of capitalism. Binance is currently only involved in a civil lawsuit, and there is still a lot of room for mediation and room for maneuver.