SEC filed an emergency motion earlier, citing a risk of capital flight and asking a judge to repatriate and freeze U.S. customer assets to prevent illicit transfers by Zhao or Binance entities
Could be better to be delisted for advanced trading which means they cant use user funds to short BCH. Also on the plus side Hong Kong has given green light for BCH trading.
Binance’s U.S. arm has said it control its technology and infrastructure, the SEC says Zhao’s ultimate control puts investor assets at risk unless action is taken immediately.