Judge 'Not Inclined' to Allow SEC Access to Binance Software

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Although the request was not denied in a definitive manner, the judge announced he sees no reason to allow access at the moment.

As the world’s leading crypto exchange continues its battle against the SEC – and other U.S. regulators – requests for extra documentation abound.Earlier this week, the SEC complained about the quality of information made available to its personnel, stating that Binance and its U.S. arm had

The SEC claims that this software could prove that both entities are far more closely linked than they claim. In fact, if the SEC’s accusations are true, it could even mean that U.S. customer assets are being held abroad, which is one of the agency’s main accusations against the exchange. “I am not inclined to allow the inspection at this time. At some point, we are going to have to bite the bullet and move on with the case.”

Source: Tech Daily Report (techdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump co-defendant Jeffrey Clark skips hearing with skeptical judge: 'This is not good'A federal judge during a Monday hearing was skeptical about former Trump administration Justice Department official Jeffrey Clark's bid to move his Georgia election subversion case to federal court.
Source: dcexaminer - 🏆 6. / 94 Read more »

The troubling rush to judge Russell Brand guilty or not — with a stunning lack of skepticsSo, this Russell Brand thing. Is it an open-and-shut case of rape? Or is it a stitch-up by “the regime”?
Source: nypost - 🏆 91. / 67 Read more »

| Terry Eastland was a legal sage, not a lawyer; a persuader, not a haterTerry was a great mind, a gifted writer and editor, and extraordinarily kind. He was a reminder of a vanished era, and his passing is the nation’s loss.
Source: washingtonpost - 🏆 95. / 72 Read more »

'Fight Club' creator Chuck Palahniuk refuses to allow censorship stop him from pushing storytelling boundariesChuck Palahniuk, the bestselling author of 'Fight Club,' shares why he's not shy about making people uncomfortable on 'Jesse Watters Primetime.'
Source: FoxNews - 🏆 9. / 87 Read more »

New app will allow New Yorkers to avoid commuting through the poorest air qualityFor those who need to commute when air quality is poor, a new technology will make it possible to use the safest route possible for their health.
Source: ABC - 🏆 471. / 51 Read more »

Senate relaxes informal dress code to allow shorts and hoodiesSenate Majority Leader Chuck Schumer has relaxed the chamber's informal dress code, allowing for lawmakers like John Fetterman to wear whatever they want on the floor
Source: ABC - 🏆 471. / 51 Read more »