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Hinman Emails Show SEC Just Making It Up As It Goes Along

The Breakdown

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Binance US's Asset Freeze Order

The judge appeared frustrated with a vase of responses from the SEC when asked whether funds had actually been removed from the US platform. Judge Berman expressed skepticism about the SEC's use of its enforcement powers to regulate the crypto world, calling it inefficient and cumbersome. Parties were also asked to provide a status update on negotiations by the close of business on Thursday.

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