Wednesday, December 25, 2024
Home > News > Bitcoin News > SEC’s Temporary Restraining Order Would ‘Effectively End’ Binance.US Business, Company Claims

SEC’s Temporary Restraining Order Would ‘Effectively End’ Binance.US Business, Company Claims

In Monday’s filing, Binance.US‘s attorneys wrote that freezing its funds would “primarily harm BAM’s customers, effectively put BAM out of business, and prevent BAM from defending itself in this litigation,” as it could no longer pay its employees, vendors or other parties or even maintain its technology.

Source