The post Binance Responds To SEC Lawsuit appeared first on Coinpedia Fintech News

Binance expresses disappointment with the U.S. Securities and Exchange Commission (SEC) for filing a complaint and seeking emergency relief. The company claims to have cooperated and engaged in settlement discussions, criticizing the SEC’s unilateral and litigious approach. Binance believes the SEC’s actions lack clarity and hinder innovation, potentially undermining America’s role in financial leadership. The company asserts that user assets are safe and the SEC’s focus seems to be on jurisdictional battles rather than investor protection. Binance plans to defend itself and collaborate with regulators while opposing the SEC’s alleged overreach.