SEC is serious. And it means business. First it took over FTX, LUNA's criminals by the collar. And now they are going after the other exchanges which used to be in the USA. And now they found the new target. This time it's coinbase. And they want to investigate how the exchange is working. So there are going to be a lot of things coming out of the exchange.

Here we are going to be seeing a lot of interesting things out of the coinbase raid. Like say we would be seeing how the private wallets are going to be holding the money of the people who are into the crypto. It's a good thing that people would be getting the transparency. So you have to think of the variety of the issues it would open up.

Like a lot of people who are rich holding into the coinbase. And they are going to be losing the money after the raids. And we would also see that there would be big hammer of the corruption that comes in in the account for the people who are outside the nation. Those accounts would be closed and the funds would become available for the SEC. So technically that is money lost of the public and SEC gets rich.

What about Binance? I feel binance is going to get hit too. But they would require international clearance and raids would happen in such way that CZ would control the damage. And that means we would be seeing loss of services for few months. But then after some of the time things would get back in the order. So we have a lot of interesting things to work upon as well.

Make sure to either hold in personal wallet or make sure to just HODL during the times like this. Avoid selling out just because you see everything crashing. Crypto is not US specific we could have always other sources for getting FIAT.