SEC Sought Freeze Order Regardless of ‘No Proof’ That Binance Was Shifting U.S. Buyer Funds

by Jeremy

“There are a variety of particulars about quantities transferred and the place they went…” Barrett requested the SEC’s attorneys. “You say these funds consisted in important a part of Binance platforms, plural, buyer belongings, together with these of Binance.US … Are you able to make clear or stroll me via the transfers you allege had been made particularly from the U.S. entities, versus the worldwide Binance platform, to offshore accounts held by Zhao, and the way that these had been buyer belongings?”

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