Regulatory Tightening: Binance.US Faces Service Halts
Binance.US halts services in Florida and Alaska post-CZ's legal woes; states express regulatory concerns.
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With the SEC and Binance US both claiming victory, the deal is ultimately a compromise, in favor of users.
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In addition to the CFTC lawsuit, a U.S. District Court has halted the sale of Voyager Digital.
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If the deal goes through successfully, Voyager customers could recover 73% of their assets.
BeincryptoBinance Team Fretted Over Binance.US Ties, Tried to Recruit Gary Gensler: WSJ
An errant Google Forms account and an early trading launch were among the missteps that concerned team members at Binance.
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Binance US said customer assets are backed 1:1, and that the company is subject to regular audits.
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