Binance US is definitely subject to regulation from the SEC and this has very, very serious impacts on Binance users.
The SEC is really targeting Binance US activities because the regulations in the US are very strict for all digital assets, including cryptocurrency.
Until finally CZ, the CEO of Binance, resigned and this is an illustration of how cruel the regulations from the SEC are, even now the SEC is still looking at Binance's activities and this is very sad.