Binance US responds to "SEC's application to freeze assets": User assets are secure, the platform will continue to operate fully, and deposit and withdrawal functions are normal
ChainCatcher news, Binance US responded on Twitter to the "SEC's application to freeze Binance US assets," stating that user assets are safe, and the platform will continue to operate fully with normal deposit and withdrawal functions.
It stated that the SEC's submission of a preliminary injunction is unfounded, more aimed at giving SEC staff an advantage in the litigation rather than genuinely caring about the safety of customer assets.
In the past week, the company's legal advisors have addressed SEC staff's concerns about the safety of customer assets through extensive dialogue. Despite providing SEC staff with information to ensure the safety of customer assets, SEC staff still decided to submit a motion seeking a temporary restraining order and a preliminary injunction. Binance US is disappointed by this action and will do its utmost to defend itself in court. (source link)