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In a post on Twitter, Binance.US said that all functions of the site, including deposits and withdrawals, are working as standard. The regulator demanded to freeze the assets of the exchange, but it had no effect on users’ funds.
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The SEC’s order is worded in a rather harsh tone. The regulator ordered banks to freeze the assets of Binance.US and return all fiat currencies and cryptoassets to users of the site from the U.S.. The document stresses that representatives of the site should not destroy, modify or conceal records of financial transactions.
“Filing a preliminary injunction is unreasonable and creates an advantage for the SEC in litigation. The regulator does not care about the safety of customers’ assets, but uses the court for its own purposes,” representatives of Binance.US stressed.
Recall that the SEC sued Binance and its founder Changpeng Zhao and later a similar lawsuit was filed against Coinbase.<br