Category: restraining order

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Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order

June 17, 2023

Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American subsidiary. Binance US Users to Be…
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Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

June 15, 2023

A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto Exchange Binance US and SEC…
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