{"id":140891,"date":"2023-06-13T07:42:08","date_gmt":"2023-06-13T07:42:08","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=140891"},"modified":"2023-06-13T11:41:43","modified_gmt":"2023-06-13T11:41:43","slug":"binance-fights-back-claims-secs-move-would-effectively-end-its-business","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/binance-fights-back-claims-secs-move-would-effectively-end-its-business\/","title":{"rendered":"Binance Fights Back: Claims SEC’s Move Would “Effectively End” Its Business"},"content":{"rendered":"
Binance has launched<\/a> in a filing a sudden counterstrike against the U.S. Securities and Exchange Commission (SEC). Binance.US, a subsidiary of Binance<\/a>, has taken legal action, urging the court to reject the SEC’s proposed temporary restraining order on its assets. The exchange argues that this move by the regulator would bring its business to an “effective end.”<\/em><\/strong><\/p>\n SEC\/Binance Newsflash: Binance Fights Back<\/p>\n Binance, CZ and the BAM Defendants just filed lengthy opposition pleadings to the SEC's emergency action. Find the links to two important pleadings below, which will give you a good idea of their defenses. <\/p>\n Should be an extraordinary\u2026 pic.twitter.com\/qc5GRwHmjn<\/a><\/p>\n — John Reed Stark (@JohnReedStark) June 12, 2023<\/a><\/p><\/blockquote>\n\n