I suspect that might be the case as well. Binance holding itself to the fire. Whether it's to win loyalty points, prove it is more fiscally responsible than competitors or something else, if they can hold their ground, then there is no doubt it will solidify Binance as THE exchange (it kind of already is).
I trust Binance more than other exchanges and platforms (including Coinbase). The showmanship from CZ puffing his chest makes me suspicious, and it might not be financially related if something is amiss (or anything at all).
There are things we can't ignore, like the ongoing investigation from the DOJ, with there allegedly being enough evidence to charge CZ and other executives for possible money laundering and criminal sanctions violations.
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I think it's quite obvious that Binance allows hackers to freely slosh crypto through the exchange.
We've seen it happen first hand as far back as the wLEO hack.
There's a case to be made that illegal activity is going down, but it doesn't matter.
That's the price that gets paid on a libertarian system operating out of a dozen countries.
The DOJ has no power over the situation.