EddieJayonCrypto
26 Mar 24
We have reached a critical juncture in the ongoing legal battle between cryptocurrency firm Binance and the US Securities and Exchange Commission (SEC). With the discovery phase near completion, both parties are gearing up for the final stretch of this high-stakes confrontation. The SEC has been pre...
We have reached a critical juncture in the ongoing legal battle between cryptocurrency firm Binance and the US Securities and Exchange Commission (SEC). With the discovery phase near completion, both parties are gearing up for the final stretch of this high-stakes confrontation. The SEC has been pressing Binance for detailed insights into its operations, particularly focusing on wallet software and asset handling. In response, Binance has submitted a whopping 300,000 pages of documents in an effort to comply with the SEC's disclosure obligations. As the legal saga hurtles towards a resolution, Binance has committed to providing additional non-privileged information, including internal communications with its US branch, Binance.US, while the SEC remains steadfast in its mission to safeguard American investors in the ever-evolving crypto market.
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