Bitboy Crypto: Binance is ready to spend $1 billion to fight the SEC

Crypto giant Binance is allocating a lot of money to litigate with the US Securities and Exchange Commission (SEC), the creator of the Bitboy Crypto YouTube channel said, citing a company lawyer. “I spoke with a Binance lawyer: they have allocated $1 billion to fight the SEC. Basically, the exchange could hire all the major law firms at once to fight for the company,” Ben Armstrong tweeted. By comparison, Ripple spent just $150 million fighting…