The United States District Court has allowed the Securities and Exchange Commission (SEC) to file a more extended answer in a lawsuit against Binance, its CEO Changpeng Zhao (CZ), and BAM Trading Services.
The court granted the SEC’s motion to file documents exceeding the usual 45 pages. The combined filing is 70 pages in response to motions to dismiss filed by the defendants.
SEC Granted Additional Space for Legal Response
In its ruling, Judge Amy Jackson granted the US SEC permission to submit a consolidated reply. The SEC stated that the concern of the overlapping facts between Binance and its affiliates meant that a more complex answer was needed to properly combat each defendant’s allegations.
The SEC asked to provide one consolidated filing in the extended format. This would prevent duplication and enhance the efficiency of the courts according to them. Binance and BAM Trading Services did not object to the request.
The court stated that the additional ten pages
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