TechFlow news: Binance.US recently stated on Twitter that the U.S. Securities and Exchange Commission (SEC) has never provided any evidence regarding allegations of customer asset misuse. During a court inquiry earlier this week, SEC attorneys acknowledged they had no evidence such incidents occurred.
Nevertheless, the SEC is seeking to shut down Binance.US’s operations—an action consistent with the agency's broader efforts to stifle the cryptocurrency industry in any way possible. The allegations put forth by the SEC lack factual support, yet this battle has already caused significant damage to Binance.US’s business and reputation.
Nonetheless, Binance.US remains firmly committed to defending itself against unfounded accusations and regulatory enforcement tactics that fall outside legitimate legal frameworks, and looks forward to presenting its case in court.
