December 26, 2024

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Entity representing Binance customers seeks compensation

1 min read
Entity representing Binance customers seeks compensation

A third-party entity called Eeon has

In its counterclaim, Eeon seeks compensation from Binance and the SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. Additionally, both Binance and the SEC would be equally responsible for paying penalties, with $500 assigned to each.

Cointelegraph has reached out to Binance for more information but is yet to receive a response.

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