The first mediation hearing between cryptocurrency exchange Binance and the US Securities and Exchange Commission (SEC) will take place today.
After the SEC filed a lawsuit against Binance, Binance.US, and CEO Changpeng Zhao (CZ), the commission was released by Binance.US. He demanded that his assets be frozen. But in today’s hearing, the court declaring that there is no need The request was put on hold.
Hearing the case between Binance and the SEC on top of that Judge Jacksona meeting to resolve constraints on operations by both institutions. mediation to your session invited. The first mediation session in question was attended by Judge Zia M. Faruqui TSI today at 21.45 will happen.
Judge Zia M. Faruqui in previous cases praise for blockchain technology he had said. Faruqi also described the fears of regulators over non-exchanged cryptocurrencies as groundless and fictional. Generally speaking, these Faruqi’s He is thought to be a cryptocurrency friendly judge.
Binance.US will not continue its activities in any way while the process regarding the asset freeze request continues. without restrictions will continue.