On August 29, reports emerged relatingto a considerable relocation by the US Securities and Exchange Commission (SEC) versus Binance. The SEC’s action includes a sealed movement submitted with the District Court of the District of Columbia, askingfor authorization to send files under seal.
The contents of this current submission are personal, and limited to licensed people. Within this submission, a collection of 37 supporting files is consistedof, makingup shows, statements, and supplements. Notably, a statement from Jennifer Farer, the SEC’s senior trial lawyer, accompanies an exhibition provided by SEC lawyer Matthew Scarlato.
This advancement follows the SEC’s prior statement of 13 charges directed at Binance, its UnitedStates equivalent (Binance UnitedStates), and CEO Changpeng “CZ” Zhao.
Binance and CEO CZ atfirst planned to contest the SEC claim collectively with the Commodi