SEC Lawsuits Spur $4B Deposit Flight From Crypto Exchanges Binance, Binance.US, Coinbase

The U.S.-based exchange said on Friday that users should withdraw USD as soon as possible following the SECโ€™s “extremely aggressive and intimidating tactics” against the company. The platform has suspended U.S. dollar deposits and will delist USD trading pairs shortly, while it temporarily transitions to a crypto-only exchange.

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