Sorry traders in the U.S., this isn’t open to you all.
This definitely is more to do with U.S. regulation and potentially losing clients of its US-based operations. Don’t read this any other way.
They’re not going away quietly, which is great to see, and they’re fighting back in their own way, suing the SEC. The crypto community, if it wants to survive, actually needs more of this from reputable, established, and regulated companies.