Binance’s U.S. subsidiary has challenged claims from the Securities and Exchange Commission (SEC) that the company mismanaged user assets as “misleading.”
In a motion filed on Wednesday, the exchange pointed to contradictory statements from the regulator suggesting that customers’ assets have not, in fact, been transferred outside of the United States.
The SEC’s Conflicting Statements
In screenshots from a Wednesday filing later shared by Binance CEO Changpeng Zhao (CZ), Binance.US reviewed a conversation between the SEC and the court, where the latter pressured the agency for a clear answer on whether Binance.US assets were being transferred offshore.
“So currently the assets are not going offshore,” replied the SEC. “We’re not seeing any flows of money outside the US.”
Lmao @ Binance v. SEC #FireGensler
Court: “I want to know, are BAM assets going offshore? Is it happening or is it not? It’s stunning to me that I’ve now asked this question to each of the SEC attor
We współpracy z: https://cryptopotato.com/binance-us-refutes-sec-claims-about-mishandling-user-funds/
