SEC slams leading crypto exchange Binance with a major lawsuit.
The leading cryptocurrency exchange has made an official response expressing disappointment over the SEC’s recent course of action.
The cryptocurrency community was recently rocked by the news that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance. Following the new development, Binance, the leading cryptocurrency exchange has rolled out an official response.
In a detailed blog post, Binance explains its position with the SEC while expressing worry over the SEC’s alleged attempt to control the narrative around the crypto industry.
The exchange expresses disappointment over the SEC’s action, as it revealed that it was already seeking purported emergency relief, alongside other remedies.
Binance maintains that it has in fact cooperated with the SEC’s investigations so far. Additionally, the exchange claims to have engaged in “extensive good-faith discussions” in a bid to reac
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