Binance.US Claims No Evidence of Wrongdoing in SEC Case

Binance.US said that the SEC’s case is unsupported by facts or law while asserting confidence in its position being validated by the court.

Binance.US said that it is prepared to defend itself against the US Securities and Exchange Commission after a court ruled that the regulatory agency’s case against the crypto exchange could continue.

In its official statement on X, the US arm of crypto giant Binance affirmed that the “fight continues.”

The crypto exchange said that it has used the “limited guidance” that the SEC has offered to the crypto industry to operate its business in a compliant way. Binance.US also slammed the SEC’s regulation-by-enforcement strategy and accused the regulatory body of politically motivated overreach under its current leadership.

The company also said that it maintains 1:1 reserves for all customer assets and has strong compliance and risk programs that ensure the safety and security of its platform.

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