Is it illegal to use Binance in the US?

Could you elaborate on the legality of using Binance in the United States? I've heard conflicting reports and would like to have a clear understanding of the regulatory framework surrounding cryptocurrency exchanges. Does the SEC or any other regulatory body have specific guidelines for using Binance in the US? Are there any restrictions or penalties for individuals or businesses operating with Binance in the US? Additionally, are there any alternative platforms that are more compliant with US regulations for those seeking to trade cryptocurrencies?