In this episode, we discuss why the SEC has been aggressively filing suits against crypto exchanges like Binance and Coinbase. We take a look at the SEC's recent history of utilizing "industry sweeps" to make examples of companies, in order to execute a deterrent effect across similar companies or industries.

Sources utilized for this episode include:

US tightens crackdown on crypto with lawsuits against Coinbase, Binance | Reuters

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations (cnbc.com)

The SEC is suing Binance, the world’s largest crypto exchange - The Verge

SEC.gov | SEC Charges 16 Wall Street Firms with Widespread Recordkeeping Failures

Financial Advisor IQ - SEC Enforcer: ‘You Bet’ There Will Be More Sweeps