
SEC v Binance: Judge grants US regulator’s motion to unseal documents
The latest ruling by Judge Zia Faruqui gave Binance.US seven days to provide the Court with any legal basis for maintaining any documents under seal in whole or in part.
The latest ruling by Judge Zia Faruqui gave Binance.US seven days to provide the Court with any legal basis for maintaining any documents under seal in whole or in part.
Apart from the departure of another of its execs, CEO Brian Shroder, Binance.US slashed one-third of its staff, stressing that the move will give it over seven years of financial runway.
Despite the SEC's lengthy list of charges against Binance, BAM Trading argued that the regulator has yet to find solid evidence that could prove the exchange's alleged criminal activities.