Binance vs. SEC

The legal battle between Binance and U.S. regulators continues to intensify, with Binance.US recently laying off approximately one-third of its staff amidst legal proceedings. The U.S. Securities and Exchange Commission (SEC) claims that Binance failed to provide adequate documentation despite agreeing to expedited discovery. SEC’s Allegations The organization responsible for Binance’s U.S. subsidiary, BAM Trading…