SEC Denied Immediate Access to Binance US Infrastructure

SEC Denied Immediate Access to Binance US Infrastructure

In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with its probe.
U.S. SEC Fails to Secure Court Authorization to Inspect Binance US Software
Securities regulators in the United States failed to convince a judge to immediately allow them to check the software of the crypto trading platform Binance US as part of the case against the domestic arm of the world’s largest exchange for digital assets, Bloomberg reported.
The SEC complained it had been struggling to obtain information from the entity since it took legal action against it, its global affiliate, and Binance founder and CEO Changpeng Zhao in June. On Sept. 18, the Commission also sought to force the firm to provide more requested information.
In its filing, the SEC argued that Binance US

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