The move signals SEC’s commitment to taking more drastic actions against Binance and its founder, Changpeng Zhao (CZ). If the court order is granted, Binance US will be forced to send back customers’ fiat and cryptocurrencies. The sources say the freezing order only applies to Binance’s two US holding companies that allegedly have accounts at various financial institutions, including Axos Bank, Prime Trust, and the now-defunct Silvergate Bank. Why is the SEC so adamant about Binance?Īccording to sources familiar with new development, the SEC is moving to prevent a possible “dissipation of available assets for any judgment, given the defendants’ years of violate conduct, disregard of the laws of the United States.” The SEC has reportedly sought an express court order from a US federal court to freeze all the assets of Binance US.
The move is aimed at preventing the dissipation of Binance US’s available assets for any judgment.Įvents surrounding US Securities and Exchanges Commission’s (SEC) legal battle with the world’s largest crypto exchange Binance could take a drastic after reports emerged that the SEC is seeking to freeze Binance US assets.This comes two days after The SEC sued Binance for breaching federal securities laws.The SEC has reportedly asked a US federal court to freeze the entire assets of Binance US.CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users. The views and opinions expressed in this article are the author’s own and do not necessarily reflect those of CoinMarketCap. This article is not intended as, and shall not be construed as, financial advice. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is intended to be used and must be used for informational purposes only.
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#Shiba inu coin binance chart how to#
How To Buy Shiba Inu?Ī great way to buy the SHIB token is through Binance. All you need is an active account on any of these exchanges that supports the token to buy it. Shiba Inu is available on almost every major crypto exchange, including Binance, Kucoin, and Coinbase.
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