Ethical Crossroads
Ethical Crossroads is a podcast about the intersection of business, strategy, law and geopolitics. Our episodes provide in-depth analysis on how:
1) Corruption affects business strategy
2) Company culture and leadership impacts growth
3) Geopolitics, regulatory changes, and enforcement developments collide with organizational goals
We cover all types of organizations - Fortune 500, sports teams, political institutions and more.
Ethical Crossroads
What's Behind the SEC Industry Sweep of Crypto? (#4)
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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