The SEC is seeking a temporary restraining order against Binance.
an emergency motion in the District of Columbia U.S. District Court for a temporary restraining order against Binance, Binance.US and CEO Changpeng Zhao on June 6 requesting eight actions.
The first requested actions are the freezing of the assets of Binance.US and repatriation of fiat and cryptocurrency held by U.S. customers or for the benefit of U.S. customers. In addition, it prohibits the defendants from destroying, altering or concealing records and other sets conditions on discovery.
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