Binance.US coins trade at premium amid litigation fears, fiat gateway issues

On June 7, several coins and tokens listed on Binance.US, the United States subsidiary of cryptocurrency exchange Binance, started deviating from their reasonable value to trade at premiums. Source: CointelegraphAside from moneying issues, investors were likewise stirred by a U.S. Securities and Exchange Commission (SEC) emergency situation motion to freeze Binance.US possessions and repatriate funds held by U.S. customers.” On June 5, the SEC took legal action against Binance, alleging the operations of an unregistered exchange in the U.S. along with the sale of unregistered securities.

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