SEC's Lawsuits Against Binance and Coinbase Intended to Foster Wall Street's Growth, Pro-XRP Lawyer Agrees

The Securities and Exchange Commission (SEC) recently filed lawsuits against Binance and Coinbase. Binance, along with its founder Changpeng Zhao, faced accusations of various regulatory violations, while Coinbase, an important player in the cryptocurrency industry, was accused of operating as an unlicensed broker and exchange.