The Israeli government has recognized Binance, the largest cryptocurrency exchange in the world by volume, for assisting in seizing crypto assets tied to the terrorist organization Hezbollah. Binance said in a tweet that it works with law enforcement agencies around the world to help combat criminal activity.
Attorney John Deaton, managing partner at Deaton Law Firm, said Judge Amy Berman Jackson denied the U.S. Securities and Exchange Commission’s (SEC) “unreasonable” request for an emergency temporary restraining order (TRO) against cryptocurrency exchange Binance.
The U.S. Securities and Exchange Commission's former chief counsel criticized the commission's lawsuits against against major crypto exchanges Binance and Coinbase, calling the suits "regulation-by-enforcement."