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

The U.S.-based change mentioned on Friday that customers ought to withdraw USD as quickly as potential following the SEC’s “extremely aggressive and intimidating tactics” towards the corporate. The platform has suspended U.S. greenback deposits and can delist USD buying and selling pairs shortly, whereas it quickly transitions to a crypto-only change.