Binance.US Cuts Workers After SEC Lawsuit

The video discusses the SEC's lawsuit against Finance and Finance US, highlighting charges of illegal activities, mishandling of funds, and misleading investors. The company has laid off staff to prepare for costly litigation. Both Finance and Coinbase, facing similar charges, plan to fight back. A recent agreement with the SEC prevents a total asset freeze, which Finance US argued would have ended its operations.

What is the principal place of business for Finance US?

What was the outcome of the agreement between Finance US and the SEC regarding asset freezes?