Binance.US Responds To Motion Seeking Fund Freeze, Asserts SEC’s Claims Are Invalid

Binance.US has submitted its defense before the June 13 hearing to determine the freezing of its funds. Binance.US criticized the Securities and Exchange Commission’s (SEC) motion for a temporary restraining order, describing it as draconian and unduly burdensome. 
The exchange also voiced opposition, arguing that the proposed measures would place excessive restrictions and “effectively end” its business.Notably, the hearing on the restraining order will take place in the