Binance.US says it’s ‘prepared’ for discovery as legal battle with SEC advances

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The crypto exchange said that the Securities and Exchange Commission has yet to identify evidence of wrongdoing by Binance.

Binance.US, the American arm of the world’s largest cryptocurrency exchange, said that it was already “prepared” for Friday’s court ruling that the Securities and Exchange Commission’s case against the exchange will continue.

Binance’s response comes after a U.S. federal judge on Friday dismissed part of the SEC’s lawsuit against Binance and Changpeng Zhao, the exchange’s founder, but upheld most of the agency's charges against Binance.US. Those charges include potentially offering unregistered investment products and violating anti-fraud provisions.

 

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