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David Gura

The future of crypto hinges on a fight between the SEC and a former burger flipper

Binance SEC Crypto CZ Gary Gensler Changpeng Zhao Bitcoin Anthony Scaramucci Coinbase Cryptocurrency

Binance founder and CEO Changpeng Zhao poses during an interview at the technology startups and innovation fair in Paris on May 16, 2022. CZ and Binance are being sued by the SEC, in a legal battle that could help determine whether cryptocurrencies should adhere to market regulations. (Eric Piermont/AFP via Getty Images)

Binance may not be a household name, but in the world of cryptocurrencies it has a massive presence.

And now, the company founded by a former burger flipper turned billionaire is engaged in a massive legal battle against Wall Street's top cop — a fight whose outcome may well define the entire future of the crypto industry.

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