
Binance US removes 100+ advanced trading pairs amid SEC scrutiny
Some of the affected trading pairs included assets the SEC had classified as securities in its lawsuit against Binance.US

Follow Binance news, including exchange updates, listings, legal developments, product launches, and market impact across global crypto trading.

Blockchain data shows that Binance US users withdrawal rate increased after SEC moved to freeze the exhange assets.

Binance's CZ lost $1.4B, while Coinbase's Brian Armstrong lost $361M.

The regulator also wants Binance.US and related companies to return customer funds.

Gary Gensler maintains that the SEC is working to protect investors from "hype... hucksters and fraudsters."'

Coinbase stock, alongside several crypto-related stocks, have seen their values crash following the SEC's new lawsuit.

The SEC's actions against industry giants has pushed traders to decentralized alternatives.



