US seeks to freeze assets of world’s biggest crypto exchange ...News

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US seeks to freeze assets of world’s biggest crypto exchange
Binance is facing legal action by the US securities regulator The US Securities and Exchange Commission (SEC) has asked a federal court to issue a temporary restraining order to freeze the US assets of cryptocurrency exchange Binance, Reuters reported on Tuesday, citing a filing in a Washington DC federal court. The motion comes a day after the regulator sued Binance and its CEO Changpeng Zhao on 13 charges, alleging that “Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law,” according to the SEC press release. The charges

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