"Our team is all standing by, ensuring systems are stable, including withdrawals, and deposits," Zhao said on
."We will issue a response once we see the compliant. Haven't seen it yet. Media gets the info before we do."This story is developing and will be updated. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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SEC sues Binance in US District Court for unregistered securities operationsThe lawsuit also named Binance CEO Changpeng Zhao as a defendant. According to the suit: “Defendants have enriched themselves by billions of U.S. dollars while placing investors’ assets at significant risk. […] Defendants have engaged in multiple unregistered offers and sales of crypto asset securities and other investment schemes.”
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