Binance.US operates an unregistered securities exchange, according to SEC officials. Senior Attorney William Aptegrove made the announcement at the Voyager Digital bankruptcy hearing, CoinDesk reports.
A spokesman for the agency also said that Commission staff suspected a violation of securities laws in the sale of the Voyager (VGX) token.
He noted that the views of SEC staff do not necessarily reflect the views of management. The commission did not draw any conclusions on these occasions, said Aptegrove.
In December 2022, the platform offered the highest bid for Voyager assets. However, the deal was opposed by the SEC and the New York State Department of Financial Services.
During the March 2023 hearing, Judge Michael Wiles asked the Commission to explain his position.