Binance.US request for protective order against SEC goes to magistrate judge By Cointelegraph
[ad_1]
A federal judge overseeing the civil case between the United States Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance, Binance.US and Binance CEO Changpeng Zhao has ordered a motion for a protective order to go to a magistrate judge.
In an Aug. 16 filing in the U.S. District Court for the District of Columbia, Judge Amy Berman Jackson said she would be referring a motion for a protective order against the SEC filed by lawyers for Binance.US to Magistrate Judge Zia Faruqui for a resolution. Binance.US’ legal team filed the motion on Aug. 14, claiming at the time the order was necessary to protect the firm from the SEC’s “fishing expedition” during discovery.
Continue Reading on Coin Telegraph
[ad_2]
Source link
A federal judge overseeing the civil case between the United States Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance, Binance.US and Binance CEO Changpeng Zhao has ordered a motion for a protective order to go to a magistrate judge.
In an Aug. 16 filing in the U.S. District Court for the District of Columbia, Judge Amy Berman Jackson said she would be referring a motion for a protective order against the SEC filed by lawyers for Binance.US to Magistrate Judge Zia Faruqui for a resolution. Binance.US’ legal team filed the motion on Aug. 14, claiming at the time the order was necessary to protect the firm from the SEC’s “fishing expedition” during discovery.
Continue Reading on Coin Telegraph
About The Author
