Is Binance a US exchange?

Binance has long claimed that Binance.US operated separately from the main exchange. While publicly claiming that Binance itself didn’t serve people in the US, Zhao and others at Binance directed valuable investors to bypass the controls meant to keep them from using the platform, the SEC alleges.

Did Binance operate illegally in the US?

Binance, the world’s largest crypto exchange, operated illegally in the US, the US Securities and Exchange Commission alleges in a new lawsuit. Changpeng Zhao, the exchange’s founder, was named in the suit as well. “Defendants have enriched themselves by billions of U.S. dollars while placing investors’ assets at significant risk,” the suit begins.

Will Binance get a public offering?

REUTERS/Darrin Zammit Lupi Acquire Licensing Rights Sept 1 (Reuters) - Global cryptocurrency exchange Binance's founder and chief executive officer Changpeng Zhao said that its U.S. arm could have an initial public offering in the next three years, The Information reported on Wednesday.

What happened to Binance?

David Yaffe-Bellany, based in San Francisco, writes about the crypto industry. Just days after the Securities and Exchange Commission sued it, the American arm of Binance, the giant cryptocurrency exchange, announced some painful news: It will no longer allow customers to trade on its platform using U.S. dollars.