Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

FILE - The Binance app icon is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. The U.S. Securities and Exchange Commission and Binance have reached an agreement in court, Saturday, June 17, that lets the world's largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges.

FILE - The Binance app icon is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. The U.S. Securities and Exchange Commission and Binance have reached an agreement in court, Saturday, June 17, that lets the world's largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges.

The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges. Under a consent order filed Saturday, the defendants in the June 5 lawsuit agreed to repatriate all assets held for the benefit of Binance’s U.S. trading customers.

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Source: CoinDesk - 🏆 291. / 63 Read more »