This week has been filled with many crackdown efforts by the United States Securities and Exchange Commission (SEC) following the lawsuits filed against the duo of Binance and Coinbase. In one of his comments on the crackdowns, Binance Chief Executive Officer Changpeng 'CZ' Zhao said the market regulator did not sue FTX, despite the widely acclaimed misdemeanor committed by the exchange and its founder Sam Bankman-Fried, which eventually led to its bankruptcy.