Binance.US: The ruling on the continued US SEC lawsuit has been prepared, and the case will enter the further evidence discovery stage

Binance.US posted on the X platform that the court ruled that the US SEC's lawsuit against it will continue. The company is prepared for this and looks forward to the case going smoothly in the judicial process. Binance.US emphasized that it has been serving local customers in accordance with US rules and regulations, maintaining a 1:1 customer asset reserve, and has a sound compliance and risk program. Binance.US said that it has been operating in compliance with the SEC's limited guidance, but unfortunately became a victim of the SEC's enforcement-style supervision and politically motivated over-regulation. Next, the case will enter the further discovery phase. In the 11-month discovery process so far, the SEC has not found any misconduct by Binance.US. The company firmly believes that the SEC's lawsuit has no factual and legal basis, and the SEC lacks the corresponding power. Binance.US said it will continue to serve customers and launch new features and updates. Its business foundation is solid and its commitment to providing Americans with access to digital assets will not change. Earlier on June 29, a federal judge dismissed part of the SEC's lawsuit against Binance and its founder CZ, but allowed other charges to proceed, including those against Binance.US. Late Friday, District Court Judge Amy Berman Jackson of the District of Columbia ruled that the SEC's ICO, BNB, BNB Vault, pledge services, unregistered and fraud charges against Binance can proceed. She approved Binance and CZ's motion to dismiss charges related to secondary BNB sales and Simple Earn.