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- Binance, a crypto exchange platform, has filed for a protective order against the SEC12345, which is suing Binance on 13 charges, including inflating its trading volumes and diverting customer funds1. Binance claims that the SEC is seeking documents that are unrelated to the ongoing investigation into customer assets3and that the regulator’s request for the company’s communications are "overbroad" and "unduly burdensome”5. Binance calls the SEC’s actions a "fishing expedition"24.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Binance digital asset exchange has filed a protective order against the U.S. Securities and Exchange Commission (SEC), attempting to limit the regulator’s demands for information and witness deposition in the lead-up to their civil trial. The SEC is suing Binance on 13 charges, including inflating its trading volumes and diverting customer funds.coingeek.com/binance-files-for-protective-order-ag…Binance has asked a court for a protective order against the Securities and Exchange Commission (SEC) over what the crypto exchange claims is a "fishing expedition" from the regulator. In an Aug. 14 court filing, Binance put forward a motion for a protective order following deposition notices and discovery requests from the SEC.cointelegraph.com/news/binance-files-motion-for-pr…On August 14th, the crypto exchange filed for a protective order against the SEC to limit its probing into Binance’s records that fall outside of the scope of the Consent Order from early June. Binance claims that the SEC is seeking documents that are unrelated to the ongoing investigation into customer assets.www.bitdegree.org/crypto/news/binance-accuses-t…Binance.US, the U.S. arm of the world's largest centralized cryptocurrency exchange platform by trading volume, has taken a significant step against the U.S. Securities and Exchange Commission (SEC) by filing a protective order in court to counter what it calls a "fishing expedition" by the financial regulator.www.ibtimes.com/binanceus-makes-major-move-a…On Monday, august 14, crypto exchange Binance filed for a protective order against the U.S. Securities and Exchange Commission (SEC) while claiming that the regulator’s request for the company’s communications are "overbroad" and "unduly burdensome”.www.worldcoinindex.com/news/crypto-exchange-bi…
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