Judge Recommends Collaboration Between SEC and Binance.US Over Documents and Testimonies

During a recent hearing, U.S. Magistrate Judge Zia Faruqui refrained from directing Binance.US, the American offshoot of the global cryptocurrency exchange Binance, to present its top-level executives for questioning. He also did not mandate the U.S. Securities and Exchange Commission (SEC) to limit its demands for documentation. Instead, Judge Faruqui advised both parties to jointly address the discovery requests. He recommended that the SEC refine its information needs while still permitting it to question specific shareholders. This would help determine the safety of Binance.USs assets....

source: https://tokenpost.com/Judge-Recommends-Collaboration-Between-SEC-and-BinanceUS-Over-Documents-and-Testimonies-10697

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