“While Binance.US has affirmatively represented to its customers that it was working on getting licensed in Texas, Binance.US has never applied for a license with the SSB (State Securities Board) and, after a year, abandoned its license application with the DOB (Department of Banking) after failing to submit sufficient financial information,” the court filing said.
Source: https://www.coindesk.com/policy/2023/02/27/1bn-voyager-binance-deal-benefits-halved-if-alameda-loan-claim-succeeds-texas-regulators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines