Several coins and tokens listed on Binance.US were trading at premiums on June 7, with Bitcoin and Ether priced higher than CoinMarketCap averages. Stablecoin tokens such as Tether and USD Coin also broke their par value. Binance.US removed USDT-based trading pairs, paused its over-the-counter trading portal, and limited maximum trade amounts to $10,000. The exchange also experienced funding issues and faced an SEC emergency motion to freeze assets and repatriate funds held by US customers.
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Binance.US Faces Funding and Regulatory Issues Amid Deviations in Coin Prices
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