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Binance CEO Says Systems Stable Amid SEC Lawsuit, Awaiting Complaint

Changpeng Zhao, CEO of Binance, has stated that the exchange's systems are stable and that withdrawals and deposits are processing as normal, despite the recent lawsuit filed against the company by the US Securities and Exchange Commission (SEC). In a tweet, Zhao said that the team is standing by and awaiting the complaint, as the media has received information before the exchange has. He also stated that Binance will issue a response once they have seen the complaint.

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