Oddbean new post about | logout
 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.