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The SEC has just been granted an order to seize the assets of Binance pending trial, essentially closing their business down before any judgement is made. This obvious all out sucker-punch aimed at crypto this week by the US government, suing both Binance and Coinbase — after a long and public struggle by Coinbase to ascertain the SECs position to no avail — is a nail in the coffin, not for crypto as they hoped, but for the United States oversight of the fledgling industry. Once the bastion of free thought and enterprise, attracting talent and ventures from across the world, no right-minded business working in crypto will consider a US domicile again. What they fail to understand is the crypto movement is anti-nationalistic and global minded. An outdated generation of old men clinging to ideals long turned sour with the hypocrisy of avarice, the US cannot grasp that the now-generation see themselves as global citizens thanks to the internet, which has bought us together as a people rather than disparate tribe, race or nations. Other countries, especially in the East are throwing open their arms offering clear regulation and boundaries — providing fair-haven for innovation in an industry that is not going away. In a desperate attempt to stifle opposition to their current dominance as the global reserve currency, the US government will inadvertently push crypto's success into the hands of their traditional opponents. kitco.com/news/2023-06-07/SE…