Binance for the Seclago on Monday: We will vigorously defend ourselves
Binance for the Seclago on Monday: We will vigorously defend ourselves
- Binance sued the SEC on Monday for violating securities laws.
- Here is what Binance said in his answer to the regulatory authority.
- Coinbase Global Castle with a minus of 10 % compared to today's development.
here is what Binance said in his answer to the Sec
In her lawsuit, the regulatory authority Binance Changpeng ZHAO for non-compliance with the US investment laws. The CFTC had previously charged such charges against the crypto company.
The SEC also claimed that Binance mixed user funds worth several billion dollars with Merit Peak Limited - a European company controlled by CZ. Only a few hours later, Binance rejected the allegations of misconduct and said in his Official answer to the regulatory authority:
All claims that user assets were ever endangered on the Binance.us platform are simply wrong. We will vigorously defend ourselves against the opposite claims.
The crypto community stand by Binance on Twitter to the side
on Twitter, the crypto community demonstrated its support for Binance and CEO Changpeng Zhao. Many felt the way the SEC dealt with crypto-assets in the United States as unfair.
In his answer, Binance also said that the attacks by the regulatory authority would harm the United States' reputation as a global center for financial innovations. Nevertheless, it added:
We will continue to work with regulatory authorities and political decision -makers around the world. We are still committed to productive commitment to ensure that the cryptor regulation of the next generation promotes innovations.
The complaint of the SEC against Binance today led to the shares of the competitor Coinbase lost about 10 %.
Source: Coinlist.me
Kommentare (0)