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  2. The Securities and Exchange Commission today filed an emergency action application seeking a temporary restraining order freezing assets, directing defendants to repatriate assets held for the benefit of customers of the Binance.US crypto trading platform, and seeking other emergency relief against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao, to ensure that Binance.US customers’ assets are protected and remain in the United States through the resolution of the SEC’s pending litigation of this matter.
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    Will SEC freeze Binance assets?Cryptocurrencies, Blockchain, Metaverse, NFTs, and a little investing SEC seeks to freeze assets of two Binance units in U.S. The U.S. government is seeking a court order to freeze the assets of two Binance units a day after it sued the world’s largest cryptocurrency exchange for seeking to evade regulatory oversight.
    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.
    Can a judge order a compromise in the SEC/Binance emergency asset freeze action?The SEC and the Binance defendants have each submitted draft orders of what each party wants the Judge to order in the SEC/Binance Emergency Asset Freeze Enforcement Action. “That does not mean the judge cannot order a compromise and find common ground,” Stark explained. Related:
     
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  9. The SEC is trying to freeze Binance’s assets - The Verge

    WEBJun 6, 2023 · The SEC is seeking to freeze Binances assets. The restraining order was filed in court the day after the SEC sued Binance for, among other things, defrauding investors and operating an...

  10. Binance Spars With U.S. Regulators Over Asset Freeze

    WEBJun 13, 2023 · In court filings on Monday, lawyers for Binances American arm, Binance.US, argued that the S.E.C.’s proposed asset freeze would prevent the company from paying vendors,...

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