Brand architect, adrenaline seeker, chasing wanderlust, music lover and #crypto cowboy. Head of Brand and Communications @BinanceUS. Thoughts are my own.
👀 BREAKING: This ad, when tested, moves under-30-men by 2+ points away from Donald Trump.
That’s HUGE MOVEMENT!
Please share widely!
Guys don’t want to be controlled either. #MAGAInYourSheets
The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. https://t.co/HrbX93eYuS and our business partners have not been spared in the use of these tactics, which has created challenges for the banks with whom we work.
As a result, in an effort to protect our customers and platform, today we are suspending USD deposits and notifying customers that our banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13, 2023. We encourage customers to take appropriate action with their USD.
Our priority is, and has always been, our customers. We are taking these proactive steps as we–for a time–transition to a crypto-only exchange. To be clear, we maintain 1:1 reserves for all customer assets. Any downtime in processing withdrawals may be the result of elevated volumes and weekend bank closures. Moreover, trading, staking, deposits and withdrawals in crypto remain fully operational.
While we remain open to a productive compromise that enables a thriving digital asset marketplace in America, https://t.co/HrbX93eYuS will continue to vigorously defend ourselves, our customers, and industry against the meritless attacks of the SEC.
Our notice to customers:
One minute he's a crypto cheerleader the next he's destroying it? Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019 https://t.co/qwv0wKtUd9
Say "Come in and register" to crypto firms, and it triggers @SECGov shakes, because firms like @coinbase insist they've tried. This week, @RobinhoodApp's top lawyer, @DanGallagherDC, shared his own tale of failed registration.
@jesseahamilton reports
https://t.co/Ucpwqhq2Tr
This afternoon, the SEC filed a motion seeking a TRO and preliminary injunction against https://t.co/HrbX93eYuS attempting to, amongst other things, freeze https://t.co/HrbX93eYuS corporate assets. User assets remain safe and secure and the platform continues to be fully operational with deposits and withdrawals functioning as normal.
The filing of the preliminary injunction is unwarranted and based more on the SEC Staff obtaining an advantage in litigation versus genuine concern about the safety of customer assets. Until recently – despite years of engagement – the SEC Staff has not expressed a concern about the safety of customer assets. And through near around-the-clock dialogue over the past week, company’s counsel addressed SEC Staff’s concerns regarding the safety of customer assets. Despite the information the company has provided to ensure SEC Staff of the safety of customer assets, the Staff has nonetheless decided to file the motion seeking a temporary restraining order and preliminary injunction. While we are disappointed by this action, we look forward to defending ourselves in court.
2/ While we are excited about a Binance🤝FTX world, this transaction does not impact https://t.co/Wc26vMosC4 or its users. We continue to welcome United States users to trade over 140 cryptocurrencies with our low fees including zero-fee trading for $BTC.
Happy Halloweekend all you #crypto witches and ghouls.
Planning on carving a few Jack-o'-lanterns before fright night?
Download our #BinanceUS stencils and take a few stabs! 👇🔪🎃