Binance.US request for protecting order in opposition to SEC goes to Justice of the Peace decide

A federal decide overseeing the civil case between the US Securities and Change Fee (SEC) and cryptocurrency change Binance, Binance.US and Binance CEO Changpeng Zhao has ordered a movement for a protecting order to go to a Justice of the Peace decide.

In an Aug. 16 submitting within the U.S. District Court docket for the District of Columbia, Decide Amy Berman Jackson stated she can be referring a movement for a protecting order in opposition to the SEC filed by legal professionals for Binance.US to Justice of the Peace Decide Zia Faruqui for a decision. Binance.US’ authorized workforce filed the movement on Aug. 14, claiming on the time the order was vital to guard the agency from the SEC’s “fishing expedition” throughout discovery.

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