In a recent development in Binance US news, the U.S. Securities and Exchange Commission (SEC) has raised concerns over the compliance of Binance.US, the American arm of the global exchange Binance, with ongoing investigations. The SEC alleges that Binance.US has been uncooperative in providing crucial information regarding customer assets and other vital aspects of the investigation.

SEC Allegations and Binance.US Response

The SEC has accused Binance.US of deliberately frustrating the ongoing discovery process by failing to adequately prove that its global parent company, Binance Holdings, does not have access to funds owned by Binance.US customers.

In a joint status report filed to a…

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