Renowned American TV presenter Jim Cramer, who seized the moment and criticized the Binance crypto exchange when the SEC filed a lawsuit against it, believed that the SEC’s findings are so convincing that even the exchange’s best lawyers will have to consider how competent they are. He also repeatedly urged market participants to sell cryptocurrency and forget about it altogether. His high-profile speeches that this is a complete scam and Binance needs to spend a really huge amount of capital today made many people smile. He stated that “higher powers” are acting against the exchange today, and if it survives this, then Bitcoin will fly into the sky.
How beautiful this world is today, isn’t it? Double standards have not been canceled, but, alas, this is how capitalism works according to Karl Marx.