The US securities regulator requested a temporary asset freeze linked to Binance, the world’s largest cryptocurrency exchange, a day after it sued the company on more than a dozen charges.
In a filing late Tuesday, the Securities and Exchange Commission requested a temporary asset freeze from several Binance-linked entities, as well as repatriation and other assistance for customer assets held on Binance’s US platform.
On Monday, the SEC alleged that Binance operated unregistered exchanges, broker-dealers and clearing houses and misrepresented trade controls and oversight on its US platform.
The SEC also sued San Francisco-based crypto exchange Coinbase on Tuesday alleging it violated U.S. securities laws by failing to register as a broker.
