Not sure what Odell knows. From public info maybe it has to do with PT.

Nevada Files to Place Crypto Custodian Prime Trust Into Receivership

Nevada's Financial Institutions Divisoin filed to appoint a receiver for crypto custodian on Prime Trust, the regulator announced on Tuesday.

Agreed. This is an accusation with nothing to back it up. It's deliberately ambiguous. We all know about Binance, we all assume Swan is fine & trustworthy. Unless he has some behind the scenes information that hasn't got out yet then he should not post a comment like this. It's irresponsible.