Jun 18, 2023

US court approves SEC-Binance.US agreement

Posted by in category: law

On June 17, United States district court Judge Amy Berman Jackson approved an agreement between Binance. US, Binance, and the U.S. Securities and Exchange Commission (SEC), dismissing a previous temporary restraining order (TRO) that would freeze all Binance. US assets.

On June 14, Jackson said she would prefer the parties reach an agreement independently rather than have her rule. The sides reportedly reached an agreement on June 16.

“We are pleased to inform you that the Court did not grant the SEC’s request for a TRO and freeze of assets on our platform which was clearly unjustified by both the facts and the law,” Binance. US said on Twitter.

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