Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed.
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Binance Holdings, it’s U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC.
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A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery.
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U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise.
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Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen.
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