Judge Grants SEC's Request to Unseal Documents in Binance Lawsuit
A judge has agreed to the SEC's request to reveal documents in its lawsuit against Binance US. This adds another twist to the SEC's investigation into...
- A judge has agreed to the SEC's request to reveal documents in its lawsuit against Binance US, adding another twist to the SEC's investigation into crypto rules and its actions against Binance.
- The next hearing for this case is set for September 18, with the release of the documents being done at the SEC's request and with the consent of both parties involved.
- Binance US made a deal with the SEC to avoid freezing assets by promising more transparency and oversight, but the SEC is not convinced that customer assets at BAM (Binance US's parent company) are safe from Binance or CEO Changpeng Zhao.
- Recently, hidden documents labeled Docket No. 102 were filed, which include Binance US's internal records, emails, and papers filed by the SEC in court.
The sentiment of the article is neutral, providing factual information about the ongoing lawsuit between the SEC and Binance US.