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‘All of the SEC’s claims fail’ – Binance.US rebuts motion to freeze funds
Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business. In a June 12 filing, Binance.US slammed the SEC’s emergency motion for a temporary restraining order on its business, calling it “draconian and unduly burdensome.” The hearing on the temporary restraining order is scheduled for June 13 in the U.S. District Court for the District of Columbia. Binance US argued that the restraining order will effectively put BAM Trading Services Inc., the entity that ... (full story)