Things are heating up between the SEC and Binance. It all began on 05 June 2023 when the SEC filed several charges against Binance and Coinbase. Due to this, some investors have cast doubt on Binance’s future, believing it’s time to diversify their portfolios.
But the question is where? VC Spectra (SPCT), a new project doing big numbers in the first stage of its multi-million dollar presale, might be the answer. Let’s delve into the details!
Binance Prepared to Fight Till The End With The SEC
The gist of the SEC’s legal battle is the regulator accusing Binance (and Binance US) of failing to register with them. The SEC has also filed other charges (13 in total) related to alleged crimes.
Changpeng ‘CZ’ Zhao, Binance’s CEO, seems unfazed by the lawsuit, feeling that the SEC is wrong. Binance’s legal team backs this sentiment, going so far as to accuse the regulator with a motion that they misled the public.
The tone of Binance suggests a company willing to cooperate but also prepared to fight the SEC, even if it ruffles a few feathers. Some analysts believe the latter is happening after the exchange’s recent motion.
Former SEC official, John Reed Stark, believes Binance is ‘poking the bear’ with their latest accusation. The attorney has said it could result in a less favorable outcome. But only time will tell if this happens.
The crypto market reacted negatively to the news of the SEC’s lawsuit against Binance, with price drops seen across the board. Binance’s utility token, BNB, dropped 26% from $300 to a six-month low of $220. While many coins have shown decent recoveries, BNB is only worth $237.
VC Spectra (SPCT) Welcomes Investors to The Future of Blockchain and Technology
VC Spectra (SPCT) aims to generate the highest returns in blockchain and tech-based early startups using decentralized asset management.
VC Spectra (SPCT) welcomes all investors despite their wealth, experience, or location. Blockchain and smart contract technology make this possible on VC Spectra (SPCT), allowing for an autonomous platform with no third parties.
Instead, the users are at the forefront of handling funds, making real-time decisions with their portfolios, and deciding their level of financial involvement.
Just as investors diversify to lower risks, this is the same strategy VC Spectra (SPCT) utilizes for its projects. The platform employs other advanced strategies ranging from hedging to arbitrage to take advantage of any opportunity to produce returns.
Like any blockchain, a utility token is necessary, which is the purpose of SPCT. Investors need SPCT to settle management fees and invest in VC Spectra’s (SPCT) projects. It’s also the same currency used to receive profits from these investments.
In true community spirit, SPCT holders can contribute meaningfully to VC Spectra’s governance through voting rights.
On top of profits, owning SPCT allows you to receive quarterly dividends through buybacks. And finally, you can even invest directly in other initial coin offerings at a discount.
SPCT is worth $0.008 and is in stage 1 of its presale. As more phases happen, the price will increase for VC Spectra (SPCT), meaning now it’s the best time to get involved. Analysts have predicted a 10x gain (to $0.08) when VC Spectra (SPCT) launches and gets publicly listed.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
