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The largest cryptocurrency exchange in the world, Binance, has officially filed a court order against the US Securities and Exchange Commission (SEC). Indeed, the Hace 1 día The U.S. Securities and Exchange Commission moved to drop its long-running lawsuit against crypto exchange Binance on Thursday, without providing an explanation in a Hace 1 día The US Securities and Exchange Commission (SEC) moved to end its legal battle against crypto exchange Binance Holdings, the latest sign of the regulator’s dramatic shift in Binance.US has asked a court for a protective order against the United States Securities and Exchange Commission, accusing the regulator of undertaking a “fishing Binance Holdings Limited, the global company behind the prominent cryptocurrency platform, has requested a protective order against the United States Securities Hace 2 días The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the

Binance Files Court Order Against US SEC: What\'s Happening?

The largest cryptocurrency exchange in the world, Binance, has officially filed a court order against the US Securities and Exchange Commission (SEC). This latest development marks a significant turn in the ongoing legal battle between Binance and the regulatory body. But what does this court order entail and what are the potential implications for the crypto landscape?

Reports indicate that Binance.US has asked a court for a protective order against the United States Securities and Exchange Commission, accusing the regulator of undertaking a “fishing” expedition. This request suggests that Binance believes the SEC\'s requests for information are overly broad and burdensome. Binance Holdings Limited, the global company behind the prominent cryptocurrency platform, has requested a protective order against the United States Securities and Exchange Commission.

Interestingly, there have been conflicting reports surrounding the overall SEC lawsuit. Indeed, reports claim The U.S. Securities and Exchange Commission moved to drop its long-running lawsuit against crypto exchange Binance on Thursday, without providing an explanation. Another source confirms that The US Securities and Exchange Commission (SEC) moved to end its legal battle against crypto exchange Binance Holdings, the latest sign of the regulator’s dramatic shift. This apparent shift, however, doesn\'t negate the protective order request.

However, contradicting this information, Hace 2 días The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the regulator.

The key question remains: why the protective order if the larger lawsuit is being dropped? It\'s possible the SEC\'s investigation, even if the lawsuit is withdrawn, requires Binance to provide extensive documentation, leading to the protective order request to limit the scope and protect sensitive information. Stay tuned for further updates as this story develops.

Key Takeaways:

  • Binance has filed a court order against the SEC.
  • Binance.US accuses the SEC of a "fishing" expedition.
  • Conflicting reports regarding the status of the overall SEC lawsuit against Binance, indicating it may have been dropped.
  • The protective order may be related to ongoing investigations even if the lawsuit is dismissed.

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