Date: 2023-06-26T15:42:14Z Creator: Bitfolio Academy
Binance is making a bold move in challenging the SEC in federal court. In a motion filed last week, Binance is asking a federal judge to censor the SEC. The motion showed that not one single piece of evidence of alleged commingling of funds was presented. Therefore, the company is asking the judge to stop the SEC from spreading malicious rumors that Binance and its CEO CZ have “mishandled the assets of US-based customers”!
Binance is going on the offensive against the largest securities regulator in the world – it’s daring, it’s audacious, it’s outrageous…it’s almost as if Binance is poking the bear.
Will the judge grant the motion and censor the SEC before the trial even begins? Or will poking the bear result in criminal charges being filed?
Let me know in the comments. 🤔
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