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Tuesday, 03 October 2023
Binance vs SEC: Hearings in Washington on Bam's enforcement petition start now

Binance vs SEC: Hearings in Washington on Bam's enforcement petition start now

Binance CEO Changpeng Zhao showed his composure in the hours leading up to the hearing in the District of Columbia Court on September 18 by posting a photo of branded products with a funny message about the company's trainees. However, the US Securities and Exchange Commission (SEC) and the US Securities and Exchange Commission (Dec) will probably pay a lot of attention to the case, as disputes have arisen between Binance.The US is on a high after a week of hostile filings.Magistrate Judge Zia Faruqi is holding a hearing on the Sec's petition for coercion, which Binance has described as excessively burdensome.The SEC said that Binance did not cooperate despite accepting an order to agree to disclose information in the SEC case against it for unregistered securities transactions and other charges. How can I get this? Interns are sending me photos on twitter but not the real ones property.. to decorate to decorate pic.twitter.com/kNXYuks4WfCustody the place is Binance.Customer assets in the US are one of the main questions the regulator is asking. John Reed Stark, former Head of the sec's Internet Enforcement Division, stated in a post on X (formerly Twitter) that he accepted that Ceffu was legally recognized as Bifinity on the terms of use page. Stark added that Bifinity is identified as part of the Binance Group. If so, then Binance.Observers add that the assets of customers from the United States are practically in the hands of Binance and are under threat of withdrawal. SEC attacks Binance and threatens to demand contempt of court The litigation between the US Securities and Exchange Commission (Dec) and Binance continues to grow exponentially. In particular, thanks to a limited forensic autopsy (although it is in the middle of many)... pic.twitter.com/QhrifkACL4Binance .The US has accepted thisonly U.S. employees have access to customer funds. Recently printed parts of the complaint filed by the SEC auditor against Binance, Binance.The US and Zhao discovered in June: another unsealed document shows Binance.Objecting to the Sec's first series of document requests, he secured a $1 million settlement. Binance.The US claims that the requests range from excessive to impossible, as in cases where the agency is trying to request the exchange to create, produce, compile or correct documents that are not currently owned, owned or under the control of BAM, the requests range from excessive to impossible. Other documents are protected by attorney confidentiality, which is requested by Binance or is a trade secret, personal information or otherwise confidential. September. the 15 filings separately list all 38 claims made by the SEC and provide arguments against all of them.This is a developing story and more information will be added as it becomes available.

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