I read this article in a newsletter I'm subscribed to called "Bits about Money". It's written by a guy that has no interest in Bitcoin or crypto. In fact, he's said on multiple occasions he thinks it's all a scam.

However, when it comes to his articles he seems to put in plenty of work and research. It's interesting to get an outside perspective. There are sure to be some nuggets of information contained in this article that people here find interesting.

TLDR; The article discusses the James Bond film formula and its application to the cryptocurrency industry, particularly focusing on Binance and its CEO, Changpeng Zhao (CZ). The author draws parallels between Bond villains and Binance's strategy, highlighting the company's global operations, legal controversies, and regulatory challenges. The text emphasizes Binance's admission of guilt to operating a criminal conspiracy to launder money, resulting in over $4 billion in fines. The author predicts additional enforcement actions globally, particularly from the SEC, and discusses the implications of Binance's settlement, including the installation of monitors to ensure compliance. The text expresses a certain satisfaction with the legal consequences for Binance and reflects on the disorder in the crypto industry, suggesting that this development is a correction toward a more law-abiding environment.