The post Binance U.S Defends Against Asset Freeze, Petitions Court appeared first on Coinpedia Fintech News
Ahead of a scheduled hearing on June 13, Binance U.S. has mounted a defense against the freezing of its funds and has petitioned the court to reject the proposed temporary restraining order by the securities regulator. In a filing on June 12, the company criticized the actions of the American operation, describing them as “draconian and unduly burdensome.” The U.S. District Court of Columbia has set June 13 for the hearing to address the temporary restraining order.