The post Judge Grants SEC’s Request to Unseal Documents in Binance Lawsuit appeared first on Coinpedia Fintech News
A judge has agreed to the SEC’s request to reveal documents in its lawsuit against Binance US. This adds another twist to the SEC’s investigation into crypto rules and its actions against Binance. They’ve agreed to unseal many documents that the SEC handed over last month.
The next hearing for this case, led by Magistrate Judge Faruqui, is set for September 18. The release comes at the SEC’s own request and with the consent of both parties involved in the case. The SEC started a case against Binance.US, Binance, and CEO Changpeng Zhao in June.
A part of the filing read, “This Court orders that, seven days from the entry of this Order, Defendants or any nonparty that claims a confidentiality designation regarding documents relating to the SEC’s Motion to Compel provide the Court with their legal basis for maintaining those documents under seal in whole o
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