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Crypto Exchange Binance.US Avoids Broad Asset Freeze
Crypto Exchange Binance.US Avoids Broad Asset Freeze

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
Binance US Says Asset Freeze Sought by SEC Will Cripple Crypto Exchange
Binance US Says Asset Freeze Sought by SEC Will Cripple Crypto Exchange

(Bloomberg) -- Binance.US urged a federal judge to reject a Securities and Exchange Commission request to freeze billions of dollars of assets on the cryptocurrency exchange during a legal fight with the regulator, arguing the move would cripple its business and hurt customers.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes Credit Suisse Takeover to Create Bank TitanSilvio Berlusconi, It
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