United States Securities and Trade Fee (SEC) filed June 6 an pressing submitting within the US District Court docket for the District of Columbia for a short lived restraining order in opposition to Binance, Binance.US and CEO Changpeng Zhao (CZ), requesting eight actions.
The requested actions embrace the freezing of Binance.US property and the repatriation of fiat and crypto-currencies held by or for the good thing about US clients. As well as, the lawsuit prohibits the defendants from destroying, altering or concealing the information and imposes different discovery situations.
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