SEC plan failed today!! Binance Spars With U.S. Regulators Over Asset Freeze
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Binance Spars With U.S. Regulators Over Asset Freeze
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world's largest cryptocurrency exchange to continue operating in the United States.
Binance.US urged a federal judge to reject a Securities and Exchange Commission request to freeze users assets
meanwhile, during the hearing on Tuesday, 13th June, 2023, Judge Berman Jackson was not only skeptical of the S.E.C.'s using its enforcement powers to regulate the crypto industry, but said that Binance lawyers' posture of surprise over the agency's aggressive legal arguments "rang a little hollow." She said many of the questions at the heart of the Binance case - including whether cryptocurrencies should be classified as a security...
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