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Binance Gets Full Support from Cardano Chief After SEC Lawsuit

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Top leaders from the crypto space have come in support of Binance chief CZ and his team. Cardano chief Charles Hoskinson made a long tweet calling the SEC action “a series of steps to implement chokepoint 2.0 in the United States”. advertisement He said that the SEC has an “agenda” of pushing the CBDC in the market by partnering with top banks and maintaining end-to-end control over the broader financial space. Hoskinson added that the recent SEC action seems more like enforcement by force, instead of enforcement through dialogue and debate. He also referred to the SEC’s action as a fight between “freedom and authoritarianism” just that there are different players and technology in place. The Cardano chief called this event a political and philosophical dispute concerning the fundamental nature of cryptocurrencies and their underlying principles. He added that now only a group of individuals, not elected, are making...