Judge Declines SEC's Request to Inspect Binance.US: What This Means
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Binance.US took a significant turn this week. In a notable setback for the SEC, a U.S. Judge has declined to pass an order pertaining to the Securities and Exchange Commission’s request to inspect Binance.US. Several reports indicate this decision came after a court hearing on Monday, 19 de sept. de 2025.
Key Takeaways: Judge Rejects SEC Inspection Request
A federal magistrate judge asked the SEC to narrow its request for information, denying a motion for the securities regulator to inspect Binance.US’ software. The US Securities and Exchange Commission (SEC) faced a setback on Monday when a federal magistrate judge declined their request for immediate access to key data. This ruling represents an unexpected turn in the legal case between the SEC and crypto exchange Binance, 19 de sept. de 2025.
Why Did the Judge Decline the SEC's Request?
Federal Magistrate Judge Zia Faruqui denied the regulator’s request to inspect the software, 24 de sept. de 2025. While the exact reasons for the denial are still unfolding, it appears the judge deemed the SEC's initial request too broad. The judge, in essence, told the SEC to refine and narrow the scope of their inquiry.
Implications for Binance.US and the Crypto Market
This decision is undoubtedly a win for Binance.US, at least in the short term. It allows them to maintain control over their internal systems and data. However, the SEC still has the opportunity to revise their request and pursue further investigation. 18 de sept. de 2025 In the latest update on the ongoing legal tussle between the United States Securities and Exchange Commission (SEC) and Binance.US, a US judge has rejected the initial request.
What's Next?
The SEC is expected to refile a more focused request for information. The case is far from over, and the outcome will likely have significant implications for Binance.US, the broader cryptocurrency market, and the SEC's regulatory approach to digital assets. Stay tuned for further updates as this story develops.