SEC sues Coin An in the United States, co founder of Dogdog Coin: completely play it out!

On Monday local time, the US Securities and Exchange Commission (SEC) sued Binance and its CEO Zhao Changpeng, a move widely regarded as a fatal blow to the coin industry, causing Bitcoin prices to fall below $26000, and the stock prices of cryptocurrency and blockchain related companies to plummet across the board.

Billy Markus, co founder of Dogcoin, tweeted that "it's all over" and included a spoof image of SEC Chairman Gary Jansler smiling and taking photos in front of the cryptocurrency tombstone.

Previously, the SEC accused Zhao Changpeng and the Coin Security entity of participating in a "widespread network of fraud, conflicts of interest, lack of disclosure, and deliberate evasion of the law". John ReedStark, former director of the SEC's Internet Enforcement Office, said, "This is another targeted attack that has had a devastating impact on the encrypted ecosystem. Soon, no one at the SEC can sue

Sun Yuchen, the founder of Wave Field, who has always been enthusiastic about seeking popularity, will naturally not miss this opportunity. He tweeted his support for Zhao Changpeng, saying, "Please remember that no matter what environment or challenge you face, you will never be alone. As your friend, we will always be by your side, providing you with firm support and encouragement. We believe that justice will be done, and we will face this challenge together

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