Binance.US said on the X platform that the court ruled that the Securities Exchange Commission (SEC) lawsuit against it will continue. The company is prepared for this and looks forward to the smooth progress of the case in the judicial process. Binance.US stressed that it has been operating as a local Client Server in accordance with US rules and regulations, and maintains a 1:1 customer asset reserve, with robust compliance and risk procedures. The company said that it has been operating in compliance with the SEC's limited guidance, but unfortunately became a victim of the SEC's enforcement approach to regulation and politically motivated over-regulation. Next, the case will enter a further discovery phase. During the 11-month discovery process to date, the SEC has not found any wrongdoing Binance.US. The company firmly believes that the SEC's lawsuit has no factual and legal basis, and the Commission lacks corresponding authority. Binance.US said it will continue to serve customers and introduce new features and updates, its business foundation is solid, and its commitment to providing Americans with access to digital assets will not change. Previously, on June 29, a US judge allowed the SEC to proceed with most of the litigation against Binance, including allegations of non-registration and fraud