SEC asks court to freeze Binance's US assets - Search
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  2. The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday. A court filing made in the D.C. District Court asks for approval to freeze assets tied to BAM Management US Holdings and BAM Trading Services, the holding and operating firms for Binance.US.
    Occupation: Managing Editor, Global Policy & Regulation
    www.coindesk.com/policy/2023/06/06/sec-seeks-temporary-restraining-order-to-freeze-binanceus-assets/
    www.coindesk.com/policy/2023/06/06/sec-seeks-temporary-restraining-order-to …
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    Will the SEC freeze Binance assets in June?The SEC asked a federal court to issue a temporary restraining order to freeze the US assets of Binance in early June, Reuters reported . When reached for comment, Binance.US directed CNN to a Twitter thread on Sunday, which stated the company was looking forward to continuing defending itself in court.
    Why did the SEC freeze Binance?The industry has long been scrutinized for a lack of regulatory oversight. The SEC asked a federal court to issue a temporary restraining order to freeze the US assets of Binance in early June, Reuters reported .
    Will a restraining order freeze Binance's assets?The U.S. Securities and Exchange Commission (SEC) on Tuesday asked a federal court for a temporary restraining order that would freeze the assets of crypto exchange Binance's U.S. affiliate. Why it matters: The motion comes a day after the securities regulator sued the company for illegally operating an exchange, among other charges.
    Why did the SEC request a freeze?What they're saying: "The SEC respectfully submits that this relief is necessary on an expedited basis to ensure the safety of customer assets and prevent the dissipation of available assets for any judgment," the commission wrote in its filing. The intent to seek the asset freeze was noted in the regulator's complaint Monday.
     
  4. SEC Asks Court To Freeze Assets Of Binance U.S. Units Named …

     
  5. SEC files motion for restraining order to freeze …

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