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 Opens Account Registration for Puerto Rico Residents. Binance.US Launches Apps Beta Test on Android Devices. Binance.US asks users to convert USD into stablecoins for withdrawals. Binance.US Opens Deposits for ADA, BAT, ETC, XLM, ZRX. Binance.US restructuring plan favored by 97% of Voyager customers. Binance.US is under investigation from SEC over trading affiliates: Report. Binance.US set to acquire Voyager Digital assets for $1B. Binance.US Cryptocurrency Exchange to List NEO and ATOM. Binance.US faces severe operational challenges after an SEC lawsuit in June, The lawsuit dealt a near-mortal blow to operations, Binance.US stated that its company s relationship with banks had been radioactive, resulting in over 1 billion in assets leaving the platform., severely affecting its business operations. An executive from, the world's largest cryptocurrency exchange, adding that the SEC had dealt a near-mortal blow to the crypto industry. During a deposition, Binance.US s chief operating officer stated that the SEC s lawsuit had a chilling effect on the company s banking relationships, The U.S. Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, accusing the exchange of mishandling, 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, ending one of the last crypto enforcement actions by the agency., Binance US laid off 2/3 of staff in wake of SEC lawsuit, The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, revenue plunged 75% after near-mortal blow the SEC filed 13 charges against Binance, forcing it to terminate over 200 staff as revenues imploded, Binance.US was dealt a near-mortal blow after a June lawsuit from the United States Securities and Exchange Commission, extending the regulator's new approach, 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..