https://techcrunch.com/2023/03/27/binance-and-ceo-changpeng-...
> In May 2021, Binance’s monthly revenue earned $1.14 billion from derivatives transactions, up from $63 million in August 2020, the CFTC noted. Of that amount, about 16% of Binance’s accounts were held by U.S. customers.
In any case this is contrary to the main accusation that "Much of Binance’s reported trading volume, and its profitability, has come from its extensive solicitation of and access to customers located in the United States"
AFAIK throughout the years they were publicly sending users to binance.us and did not encourage breaking the rule. Didn't seem like "Extensive solicitation"
> VIP team member: Hi CZ . . . I went through list of affected API clients, it includes a number of large strategic accounts including [a Chicago-headquartered trading firm] who is currently is a top 5 client and 12% of our volume
> Zhao: Give them a heads up to ensure they don’t connect from a us Ip. Don’t leave anything in writing. They have non us entities. Let’s also make sure we don’t hit the biggest market makers with that email first. Do you have signal?
I only point this out because your comment read as if this was a smoking gun.