The crypto giant is on the SEC‘s radar and the exchange is being accused of numerous irregularities. A new court decision has emerged. BinanceUS made a significant gain in the matter of freezing its assets. Despite continuing operations, investors’ interest has declined due to strict surveillance and the risk of a lawsuit. Decreasing liquidity is making matters difficult for the remaining users. Latest on Binance Case A new attack has begun on the BinanceUS front. Lawyers criticizing the SEC’s language in press releases had requested that this be banned by the court. A federal judge denied the exchange’s request to limit the language the SEC uses in its press releases regarding the management of customer funds, arguing it could harm the company in court. Amy Berman Jackson, the DC District Court judge presiding over the SEC’s lawsuit against BinanceUS, rejected claims, arguing that it’s not the court’s role to “dictate […]
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