Binance files for protective order against SEC
Crypto exchange Binance filed for a protective court order against the U.S. Securities and Exchange Commission, saying the regulator’s requests for information were „over broad” and „unduly burdensome.” – according to Reuters.
BAM Trading, Binance U.S.’ operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator.
The protective order seeks to limit the SEC, among other things, to four depositions from BAM employees and to drop the deposition of BAM’s chief executive and of its chief financial officer, without naming anyone.
„The SEC has still yet to identify any evidence suggesting that customer assets were misused or dissipated in any way,” the filing said.
The SEC has declined BAM’s proposals to meaningfully limit its requests and is opposed to the motion for a protective order, the filing said.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
