Binance CEO Rejects SEC's Allegation Regarding Wallet Provider Ceffu

• Binance CEO Changpeng "CZ" Zhao denies allegations by the SEC regarding Binance.US's association with wallet provider Ceffu.
• The SEC suspects Ceffu may have control over customer assets and has requested further information from Binance's partner company, BAM.
• Binance.US argues that the SEC's document demands are excessive and burdensome.
• The SEC and BAM have agreed to a hearing on October 12 and are expected to submit a joint status on October 10.
• The SEC initiated legal proceedings against Binance on June 5, alleging unregistered securities trading and deceptive practices.

The article presents a conflict between Binance and the SEC, with Binance denying allegations and the SEC seeking further information. The sentiment is neutral.