The announcement that the U.S. Securities and Change Fee (SEC) has filed a lawsuit towards Binance, Binance.US, and Binance CEO Changpeng Zhao (CZ) could have taken the crypto neighborhood without warning, however the SEC is specializing in exchanges. It was well-known what he was doing. The lawsuit acquired combined reactions.

Czech Republic claimed In a tweet on the morning of June 5, the corporate stated, “The media obtained the knowledge earlier than we did,” however the firm did not see the SEC criticism on the time. Proof of behind-the-scenes scrambling could also be seen in two statements launched by Binance in response to the lawsuit.

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