Binance.US Fights SEC Asset Freeze in Court
A US judge has declined to order a temporary restraining order freezing the assets of Binance.US, allowing the US arm of the company to continue doing business while hashing out restrictions with the regulator. The judge ordered Binance.US to provide a list of its business expenses to the court, and ordered the parties to continue negotiating. The SEC sued Binance and Binance.US, alongside Binance founder Changpeng "CZ" Zhao, last week, alleging they were operating as an unregistered securities exchange, brokerage and clearing agency.