I hope CZ and Binance win but this is going to be a long drawn out court case. I expect things to take years to play out just like with XRP. The SEC is just going after anything they find centralized to undermine people's faith in crypto. I don't see this as anything different from how they hit Coinbase.
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Hahaha this is true, the SEC have come with a strategy, I just think these centralized exchange owners should also come up with good strategies to win and limit the FUD around them.