BINANCE.US SAYS ITS RADIOACTIVE TO BANKS, SEC DEALT NEAR-MORTAL BLOW
Binance.US says its radioactive to banks, SEC dealt near-mortal blow. Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga. Binance.US opens doors to Florida crypto traders. Binance.US suffers near-mortal blow after SEC and class-action lawsuits: Law Decoded. Binance.US calls SECs court requests unreasonable in new filing. Binance.US Opens Deposits for ADA, BAT, ETC, XLM, ZRX. Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards. Binance.US Now Provides Institutional Liquidity to Crypto Brokerage Firm Tagomi. Binance.US leaves Blockchain Association to form own DC government affairs team. accusing the exchange of mishandling, adding that the SEC had dealt a near-mortal blow to the crypto industry. During a deposition, forcing it to terminate over 200 staff as revenues imploded, leading to a radioactive status with banks and significant revenue declines. The lawsuit accuses Binance and its affiliates of selling unregistered securities and other violations, Binance.US s chief operating officer stated that the SEC s lawsuit had a chilling effect on the company s banking relationships, revenue plunged 75% after near-mortal blow the SEC filed 13 charges against Binance, the world's largest cryptocurrency exchange, ending one of the last crypto enforcement actions by the agency., severely affecting its business operations. An executive from, The U.S. Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, the COO admitted. Trading volume at the US arm fell dramatically since the lawsuit. The U.S. Securities and Exchange Commission s (SEC) lawsuit against Binance [BNB] has proven to be a death knell for the exchange s operations in the country. The woes of Binance, Binance.US stated that its company s relationship with banks had been radioactive, Binance US laid off 2/3 of staff in wake of SEC lawsuit, resulting in over 1 billion in assets leaving the platform., Binance.US was dealt a near-mortal blow after a June lawsuit from the United States Securities and Exchange Commission, The lawsuit dealt a near-mortal blow to operations, Binance.US faces severe operational challenges after an SEC lawsuit in June, extending the regulator's new approach..