OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Foreign Business
Binance to repatriate US customer funds
By Agence France-Presse
Jun 19, 2023 12:17 am

WASHINGTON: Binance has agreed to repatriate its US customers' assets pending a massive lawsuit against the world's largest crypto exchange, the US Securities and Exchange Commission (SEC) said Saturday, adding that it will secure the funds.

Binance and its boss Changpeng Zhao have 'agreed to repatriate to the United States assets held for the benefit of customers of the Binance.US crypto trading platform,' the SEC said in its statement.

Related Articles

US economy expanded further in Q3

Japanese inflation jumps up to 2.7%

New Nike CEO vows turnaround

FedEx to spin off freight trucking business

Boeing lands biggest 737 MAX order

Thousands of US Amazon staff strike

Starbucks workers to start US strike on Friday – union