Binance.US calls SEC’s court requests ‘unreasonable’ in new filing Binance.US, the cryptocurrency exchange operated by BAM Trading Services, has responded to the United States Securities and Exchange Commission’s (SEC) motion to compel, calling the requests “unreasonable” and “unduly burdensome.” The attorneys for BAM argued that the SEC’s requests for additional details from Binance.US were overly … Read more
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’ The U.S. Securities and Exchange Commission (SEC) has filed a motion to appeal a ruling from the Ripple Labs lawsuit that stated XRP was not a security. The SEC argues that there are “knotty legal problems” with the court’s interpretation of the law, … Read more
Recent court filings have revealed a series of financial transactions that occurred prior to the decline of FTX in November 2022. The filings suggest that these transactions predominantly benefited individuals in influential positions within the company. However, FTX debtors have cautioned that the accuracy and completeness of the data cannot be guaranteed. One notable transaction … Read more
