Omid Malekan, a part-time professor at Columbia Business School, said that the settlement of Binance highlights the ambiguous treatment of banks and cryptocurrency companies, and the Department of Justice's approach in this case is completely different from that in the traditional financial sector. Some people do not understand how other parts of the financial system work, and companies that follow best practices for anti-money laundering are still dealing with a large amount of illegal funds. But this is considered acceptable because someone did the paperwork. If traditional companies were treated the same way as Binance in similar cases, many people on Wall Street would be sent to jail. If they were required to meet the standards of Binance, hundreds of CEOs would be imprisoned, and funds used for share buybacks (or lobbying) would be reduced. But bankers are smart enough never to question this game. Binance has done a pretty good job in helping tens of millions of poor people, people of color, and other vulnerable groups enter the financial system, something compliant financial companies have failed to do for a long time.