These days, the cryptocurrency market has been turbulent, with the US Securities and Exchange Commission (SEC) issuing regulatory lawsuits against two major exchanges, Binance and Coinbase. The SEC has requested that the court freeze Binance.US assets and issue a restraining order against Binance founder, CZ, and there has even been a court subpoena issued.

The SEC's actions have caused a major ripple effect in the cryptocurrency world, with the market plummeting and many investors flocking to stablecoins. Since the event, BNB has seen a maximum decrease of around 15%, approaching its lowest price in a year. To make matters worse, there are rumors that the SEC may launch a regulatory lawsuit against another giant in the industry, the cryptocurrency custody platform Robinhood.

Despite all of this uncertainty and chaos, we have decided to support Binance and issue our coin, $AO, on the Binance Smart Chain. We believe Binance will take all necessary measures to ensure user safety and fair trading. Binance is a globally recognized cryptocurrency exchange, with vast experience and technology. Furthermore, we also believe that the appearance of regulatory agencies is a major trend and can help regulate and legitimize the entire industry.

We have decided to issue $AO on the Binance Smart Chain,which is a display of our confidence and support for Binance.We believe that by leveraging theBinance Smart Chain platform,$AO will gain better promotion and development, while also contributing to Binance's efforts. We believe that this will be a win-win outcome, and we look forward to deepening our cooperation with Binance.