The U.S. SEC v. Binance Holdings lawsuit seems stuck, but the lawsuit is making great progress at the moment. The plaintiff SEC and defendants Binance, Binance.US and former CEO Changpeng “CZ” Zhao have almost completed discovery and deposition requirements requested by the securities regulator US SEC.
Binance and SEC Resolves Discovery Issues
Plaintiff U.S. Securities and Exchange Commission (SEC), defendants BAM Management US Holdings, BAM Trading Services (Binance.US), Binance Holdings, and Changpeng Zhao submitted a joint status report in the court. As per the court filing, the parties agreed that they do not have any issues for adjudication.
This signals the disputes between the parties, related to the consent order asking Binance for evidence and separating wallets, systems, and teams with Binance.US, are largely over. Binance.US has produced additional discovery and claims it is the final production of documents in response to the SEC’s requests.
Depositions from Binance a

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