“The main worry is what this will do short-term to market liquidity – if market makers step back from trading on Binance now, and if Binance’s U.S.-based trading desks have to stop operations, that will reduce liquidity in an already thin market,” Noelle Acheson, the author of the popular Crypto is Macro Now newsletter, said.
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
