Binance.US is preparing for a prolonged legal confrontation with the Securities and Exchange Commission (SEC), stressing its dedication to compliance and criticizing the agency’s enforcement strategies.
The U.S.-based branch of the global cryptocurrency exchange Binance announced its readiness for an extended legal discovery process in a recent statement.
“On Friday, the Court decided that the SEC’s case against Binance.US will proceed. We were prepared for this outcome and are eager to move forward with the judicial process,” the company stated.
Binance.US emphasized its commitment to compliance and transparency, while also expressing concerns over what it sees as the SEC’s aggressive enforcement tactics. The company reassured its users and stakeholders that it will continue to operate and serve its community while addressing the legal challenges ahead.
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