The US Securities and Exchange Commission (SEC) has claimed that Binance has failed to provide sufficient documentation despite previously agreeing to expedited discovery.
BAM, the organization responsible for Binance’s US affiliate, has submitted approximately 220 documents. However, the SEC’s legal representatives have alleged in a new filing that many of these documents consist of “unintelligible” screenshots and lack essential dates or signatures.
Binance-SEC Courtroom Drama
The SEC initiated a legal action against Binance on June 5th, bringing forth a total of 13 charges against the platform. These allegations include violations of US securities laws and the failure to prevent investors in the country from accessing Binance.com and conducting operations without proper registration as an exchange, broker, and clearing agency.
In a new twist to the ongoing courtroom drama, the SEC has alleged Binance of not cooperating in the ongoing probe, according to the unsealed document
We współpracy z: https://cryptopotato.com/binance-v-sec-lawsuit-update-september-17-problems-with-documentation-and-more/
