The post SEC vs. Binance: Latest Minute Entry Unveils Status Report Order appeared first on Coinpedia Fintech News
In the legal fight between Binance and the SEC, on March 25, a judge named Zia M. Faruqui told both sides to share how things are going with their investigation (they call this “expedited discovery”) by April 5. They must also give ideas on what to do next in this legal battle.
The SEC is doing a deep dive into Binance’s business, wanting to know everything from keeping track of people’s assets to ensuring everything’s above board. They’re putting the microscope on how Binance does its thing, especially looking at the software it uses for its digital wallets and how it handles its customers’ money.
New minute entry in SEC v. Binance: Status Report Order
Docket: https://t.co/wDsXk5dZeB#CL67474542
— Big Cases Bot (@big_cases) March 25, 2024
Binance has handed over a mountain of paperwork. We’re talking 300,000 pages to show they’re followin
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