Binance.US says it’s ‘prepared’ for discovery as legal battle with SEC advances | Headlines | News | CoinMarketCap

07/02/2024 09:06
Binance.US says it’s ‘prepared’ for discovery as legal battle with SEC advances | Headlines | News | CoinMarketCap

Binance.US, the American arm of the world’s largest cryptocurrency exchange, said that it was already “prepared” for Friday’s court ruling that the …

Binance.US, the American arm of the world’s largest cryptocurrency exchange, said that it was already “prepared” for Friday’s court ruling that the Securities and Exchange Commission’s case against the exchange will continue.

The company wrote in an X post that it “looks forward” to the case moving to further discovery. “Notably, the SEC has yet to identify any evidence of wrongdoing on the part of Binance.US throughout the extensive, 11-month discovery process in which we have participated to date,” Binance.US said in the post.

Binance’s response comes after a U.S. federal judge on Friday dismissed part of the SEC’s lawsuit against Binance and Changpeng Zhao, the exchange’s founder, but upheld most of the agency's charges against Binance.US. Those charges include potentially …

Read more --->