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

📆 9/19/2023 10:10 AM
📰 Crypto_Potato

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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.”

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