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News Explorer — SEC Aims to Freeze Binance US Assets Via Emergency Order

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Jun 6, 9:49 pm
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SEC Aims to Freeze Binance US Assets Via Emergency Order

The Securities and Exchange Commission has filed an emergency motion to freeze assets held by Binance.US and repatriate assets belonging to customers. The motion also requests a preliminary injunction and expedited discovery in the lawsuit. The SEC believes this is necessary to protect customer assets and prevent the dissipation of available assets.

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