Binance.US faced a 75% revenue drop and cut over two-thirds of its workforce following the SEC's Temporary Restraining Order.

The exchange's trading volumes 'imploded,' with a significant impact on business operations, customer trust, and financial stability.

Binance.US experienced a $1 billion withdrawal of assets as the SEC's actions intensified troubles for the platform.

Founder Changpeng Zhao admitted to violating the Bank Secrecy Act and resigned from his leadership roles.

The company is currently struggling with its damaged reputation and banking relationships, which complicates its path to recovery.