Will Binance have its assets frozen by a federal judge by June 30, 2023?
Basic
6
Ṁ1541
resolved Jul 1
Resolved
NO

Resolves YES if a US federal judge enters an order freezing Binance's assets by the end of June 2023, including through a temporary restraining order, preliminary injunction, or order on appeal. Resolves NO otherwise.

BACKGROUND: On June 6, the SEC moved the US District Court for the District of Columbia for a "temporary restraining order" which would, among other things, freeze Binance's assets. (links: full docket, motion as filed, memorandum of law in support of motion as amended).

Binance's response to the motion is due June 12th. Judge Jackson will hold a hearing on June 13th. See the following docket entry:

Minute Entry for proceedings held before Judge Amy Berman Jackson: Telephonic Scheduling Conference Call held on 6/7/2023. Defendants' Response to the 4 Motion for Temporary Restraining Order is due by 5:00 PM on 6/12/2023; A Hearing on the [ 4 Motion is set for 6/13/2023 at 2:00 PM in Courtroom 3 In Person before Judge Amy Berman Jackson. (Court Reporter: Janice Dickman). (jth) Modified on 6/8/2023 to reflect that the response is due by 5:00 PM on 6/12/2023 (jth).

Note that several related markets seem to have resolved incorrectly based on inaccurate reports that such an order was granted. (Those reports are based on the SEC's proposed court order, not anything signed by a judge.)

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Their assets are not frozen yet, and a judge denied the motion two weeks ago.

is this binance or binance .us or is it the same thing?

@Bodyhost Thanks for the clarification. Any of Binance respondents in the SEC's action, including: "BAM Management US Holdings Inc. (“BAM Management”) and BAM Trading Services Inc. (“BAM Trading”) (collectively, “BAM”)".

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