Binance’s request for 'wordsmithing' SEC denied
Founder CZ is in trouble with the federal government for violating securities laws.Binance.US’ request to restrict the Securities and Exchange Commission’s use of terms relating to Binance.US’ management of customer funds in press releases, which the crypto exchange believed could hurt it at trial.
It is also unclear whether the agency’s public relations initiatives will affect court proceedings in this case. The lawyers also said that there is no indication that BAM Trading Services’s customer assets have been misappropriated, commingled, or misused in any way.
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