A US judge has approved an agreement between Binance.US, Binance, and the Securities and Exchange Commission (SEC) that dismisses a previous temporary restraining order (TRO) against Binance.US assets. The deal prevents access by Binance global officials to private keys of wallets, hardware wallets, or root access to Binance.US’s Amazon Web Services tools. Only Binance.US employees will have access to client funds until the litigation is resolved, while US-based customers will still be able to withdraw their funds during this period. The agreement also requires Binance.US to take immediate action to ensure “a verified written accounting” of accounts related to BAM entities valued greater than $1,000. The SEC filed an emergency motion for a TRO on Binance.US on June 6 after accusing Binance CEO Changpeng “CZ” Zhao of having access to Binance.US customer funds in a lawsuit. The regulator alleged Zhao moved $12 billion of Binance’s funds through an entity he controlled called Merit Peak. Both Binance.US and Zhao denied the allegations, stating that the SEC had been unable to identify any instance where Binance.US customer funds had been misused.