binance going with the classic "we were just moving fast and breaking things!" defense

via https://nytimes.com/2023/04/26/technology/binance-crypto-crackdown.html

Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies

The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.

The New York Times
@molly0xfff
The difference between whoopsy and jail is regulations. Every time somebody says we need to get rid of regulations to allow for innovation, I repeat that. If you are jacking people over and not held accountable, has innovation been useful? No.