Oh I do want Binance to perish, just not like this. My bet is Binance exits the US, and they pay only a fraction of the $4B - taking refuge in China. Untouchable. Of course this news, of not honoring the US fine would never merit a press briefing. Or alternatively, the US doesn't expect them to really pay the full 4B. The true objective may be to set a public narrative against "crypto". TerRoRiStS and all that.
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they're pushing out entities that have grown and established themselves organically, in favour of more state captured entities like Blackrock, et al. custodial exchanges mightn't be the ideal means to facilitate trade, but if we're to be philosophically consistent, we should favour decentralisation amongst exchanges, as much as anywhere else..
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