SEC has charged Binance with 13 different offenses, including operating an unlicensed securities exchange. https://www.reuters.com/markets/us/highlights-sec-complaint-against-crypto-exchange-binance-2023-06-05/

Resolves YES if the SEC/US Gov't wins >=4 of the 13 charges it filed against Binance, or if Binance settles with terms that indicate a substantial concession, for example, a payout greater than $40 million and an agreement to not sell to US consumers, or something.

Factbox: Highlights from SEC complaint against crypto exchange Binance

The U.S. Securities and Exchange Commission (SEC) on Monday accused the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao, of operating an “elaborate scheme to evade U.S. federal securities laws.”