Sealed Documents in SEC's Case Against Binance May Soon be Unsealed, Revealing Potential Evidence
Summary:
Observers may soon have access to some sealed documents in the SEC's case against Binance, as the court has granted a motion to unseal them. There are 18 sealed documents and nine partially sealed or redacted documents in question. Binance and other parties involved have the opportunity to argue against the unsealing within seven days. The case revolves around allegations of unregistered securities operations and misconduct.
Certain sealed documents in the United States Securities and Exchange Commission's (SEC) case against Binance may soon be made available for public viewing. The SEC had initially requested that these documents be sealed, but now they have requested for them to be unsealed. The District of Columbia District Court Magistrate Judge Zia Faruqui has granted the SEC's motion to unseal these documents. There are a total of 18 sealed documents and nine partially sealed or redacted documents listed in the order. Binance and other parties involved will have the opportunity to argue against the unsealing within the next seven days, and the SEC will have seven days to respond to these claims. It is believed that these sealed documents may contain substantial evidence and testimony against Binance. There is speculation that these documents may be related to a U.S. Justice Department investigation of Binance. It's important to note that the sealed documents listed in the order are not the only ones filed in this case. There are additional sealed documents that have not been mentioned in the order. The SEC's case against Binance revolves around allegations of unregistered securities operations and other misconduct. Binance.US had previously requested a protective order against the SEC in August.
Published At
9/15/2023 8:13:34 PM
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