• bitcoinBitcoin(BTC)$96,978.001.24%
  • ethereumEthereum(ETH)$2,731.600.74%
  • rippleXRP(XRP)$2.695.16%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$649.22-1.08%
  • solanaSolana(SOL)$171.781.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2547240.39%
  • cardanoCardano(ADA)$0.782.13%
  • staked-etherLido Staked Ether(STETH)$2,729.850.62%
  • bitcoinBitcoin(BTC)$96,978.001.24%
  • ethereumEthereum(ETH)$2,731.600.74%
  • rippleXRP(XRP)$2.695.16%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$649.22-1.08%
  • solanaSolana(SOL)$171.781.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2547240.39%
  • cardanoCardano(ADA)$0.782.13%
  • staked-etherLido Staked Ether(STETH)$2,729.850.62%

SEC Request For Inspection Of Binance US Documents Gets Rejected

September 19, 2023

Binance US has been under the spotlight ever since the United States Securities and Exchanges Commission (SEC) initiated legal action against it. This legal battle resulted in a decline in trading volume for the firm and significant departures. In the midst of the ongoing drama, the crypto exchange successfully defended itself against the SEC on September 18th, 2023. The SEC had previously requested an investigation into Binance US, alleging that the custody platform Ceffu was closely linked to Binance and used to transfer the funds of US customers overseas, thus violating their prior agreement. The SEC specifically sought access to the records and communications of Binance US with its wallet custody service providers. In response to these developments, the crypto exchange argued that the request was excessive, unnecessary, and inconvenient. Ultimately, District Judge Zia Faruqui denied the request for an inspection. However, the court did instruct the crypto exchange to provide additional documentation and expressed doubts about whether Binance US was indeed in control of its assets.

Editor’s Picks

WikiLeaks Receives Ethereum Donation From ‘Mind Control’ Conspiracist

PlanB Moves Bitcoin Holdings To ETFs

Web3 Fundraising: 10th – 16th February 2025

Argentine President Faces Backlash After Promoting LIBRA

Editor’s Picks

Coinbase Finally Lists POPCAT & PENGU