Binance.US, the US branch of the world's largest cryptocurrency exchange Binance, announced that it is "ready" for the court's decision to allow the US Securities and Exchange Commission (SEC) to proceed. continue the lawsuit against the exchange.
The company Chia in a post that they are "very much looking forward" to the upcoming lawsuit developments, especially since the SEC has not clearly proven that the exchange committed a crime.
“Notably, the SEC has not yet identified any evidence of wrongdoing by Binance.US throughout the 11-month discovery process we have engaged in to date,” Binance.US said. know.
Binance.US's response comes not long after a US federal judge dismissed part of the SEC's lawsuit against Binance and its founder Changpeng Zhao, but upheld most of the agency's allegations against Binance .US. These allegations include possibly offering unregistered investment products and breaching anti-fraud regulations.
In the post, Binance.US emphasized that it has always complied with the “limited guidance” provided by the SEC to maintain its integrity.
“Regrettably, we, like many companies in our industry, have fallen victim to the SEC's regulatory-by-enforcement approach and political excesses under its current leadership, ” the company said.
