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Saturday, November 23, 2024

Andy Nghiem News


Binance responds to SEC’s request for emergency TRO: "There is no 'emergency' here"

By Andy Nghiem |
In response to the U.S. Securities and Exchange Commission’s (SEC) request for an emergency temporary restraining order (TRO), which would allow the regulator to freeze assets tied to Binance.US, Binance questioned how the situation could constitute an “emergency” when the company has been operating for years, and the SEC is not alleging that user funds are at risk.