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Crypto Exchange Binance.US Avoids Broad Asset Freeze
linkweb3
2023-06-18
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Summary：A U.S. district judge ordered Binance’s American exchange to keep all assets in the U.S. and limit spending to expenses needed for regular operations. Earlier this week, a federal court judge questioned what evidence the agency had to support claims that customer funds were leaving the country. “Although we maintain that the SEC’s request for emergency relief was entirely unwarranted, we are pleased that the disagreement over this request was resolved on mutually acceptable terms,” a Binance s
A U.S. district judge ordered Binance’s American exchange to keep all assets in the U.S. and limit spending to expenses needed for regular operations. Earlier this week, a federal court judge questioned what evidence the agency had to support claims that customer funds were leaving the country. “Although we maintain that the SEC’s request for emergency relief was entirely unwarranted, we are pleased that the disagreement over this request was resolved on mutually acceptable terms,” a Binance spokesperson said.
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