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Does Binance still operate in the United States?

The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges.

Why did the SEC Sue Binance & Binance US?

The SEC sued Binance and Binance.US, alongside Binance founder Changpeng "CZ" Zhao, last week, alleging they were operating as an unregistered securities exchange, brokerage and clearing agency. The regulator also alleged massive commingling of funds allowing Zhao, a Canadian national living in the UAE, access to Binance.US customer assets.

Did Binance violate federal securities laws?

The company already faces a suit from the Commodity Futures Trading Commission. The U.S. Securities and Exchange Commission sued crypto exchange Binance, the operating company for Binance.US and Binance founder and CEO Changpeng "CZ" Zhao on allegations of violating federal securities laws on Monday.

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