TechFlow news: Binance.US stated that the court has decided the SEC's case against it will proceed. Binance.US said it is prepared and looks forward to advancing through the judicial process.
Binance.US emphasized that it was established to serve U.S. customers, complies with U.S. regulations, maintains 1:1 reserves, and has robust compliance and risk management procedures. Despite the SEC finding no misconduct during an 11-month investigation, it has still imposed excessive regulatory action.
Binance.US remains confident in its position, believing the SEC's case lacks factual and legal basis, and expects the court will ultimately uphold this view. In the meantime, Binance.US will continue serving its customers and community, launching new features and updates.
