Binance, the world’s largest cryptocurrency exchange, made an official statement with harsh language after being sued by the US Securities and Exchange Commission (SEC).
Binance criticized the SEC’s approach by using harsher language than ever before in its statements on its official blog. The agency said that the SEC’s lawsuit against them was the same as Binance’s case against regulators. solution oriented and collaborative While expressing that this attitude cannot be a result of they are disappointed stated.
In the post, this attitude displayed by highlighting the lawsuits filed by the SEC against crypto-specific projects to date not solution orientedon the contrary problem oriented Binance stated that the most surprising point of the situation is that America’s crypto money and blockchain issue. when you can be a leader in the worldthe abrasive and hard steps taken undermining this process expressed.
Regarding the accusations of “users’ assets are in danger” in the case file related to Binance.US, “These allegations are completely false.” he stated. He also underlined that all operations, including personnel, are running safely and without a hitch.
We defend ourselves with all our strength against all claims!
In the continuation of the statements, Binance stated that they have become the target of the game of thrones played by the SEC due to their position and size, and stated that they will use all their strength to defend themselves at this point.
The SEC’s purpose is not to protect users!
Stating that the purpose and approach of the SEC is not to protect users with this lawsuit, Binance reacted by making statements that if this was their approach, they would not have reacted in this way to our aid efforts.
He also underlined that Binance is not a US exchange, and reminded that the SEC has limits on the steps it can take. Despite this, he stated that they stand by everyone affected by the situation in the USA and stated that they will fight this process to the extent permitted by law.