The Securities and Exchange Commission hit Binance with a massive lawsuit in June of this year and, not long after, the U.S. arm of the leading crypto exchange “imploded,” according to new court documents filed on Tuesday. In a deposition from December that was released on Tuesday, Binance US COO Christopher Blodgett revealed that the company has been forced to lay off more than 200 employees, or two-thirds of its workforce, since June as a result of the SEC’s action. “Our trading volumes and bu...