Is Binance.US legal in the US?

Binance.US, a cryptocurrency exchange, has faced legal challenges in the US. The exchange has been involved in a lawsuit with the SEC and has had its license revoked in several states. However, recent reports suggest that Binance.US has obtained a court order allowing it to invest customer assets in US Treasuries, indicating some level of regulatory approval. The legality of Binance.US in the US remains complex and dependent on specific state and federal regulations.