The SEC respectfully submits that this relief is necessary on an expedited basis to ensure the safety of customer assets and prevent the dissipation of available assets for any judgment, given the Defendants\u2019 years of violative conduct, disregard of the laws of the United States, evasion of regulatory oversight, and open questions about various financial transfers and the custody and control of Customer Assets\u201d<\/p>SEC\u2019s filing in the D.C. District Court<\/cite><\/blockquote>\n\n\n\nIf granted, the order would give Binance five days to make sure that the entity to have access to the exchange\u2019s customer funds is Binance US. Within 30 days of granting the order, all customer funds would have to be transferred to new wallets. In its initial complaint against the crypto giant, the SEC indicated that it would seek the above-mentioned restraining order. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Securities and Exchange Commission has filed an emergency motion in the D.C. District Court seeking a temporary restraining order to freeze Binance US’ assets. <\/p>\n","protected":false},"author":62,"featured_media":582618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,2,26],"tags":[108863,7365,5530],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582616"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=582616"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582616\/revisions"}],"predecessor-version":[{"id":582619,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/582616\/revisions\/582619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/582618"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=582616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=582616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=582616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}