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The post Binance.US is Instructed to work with the SEC! appeared first on Coinpedia Fintech News
Binance.US has been urged by a US judge to work with the SEC on its discovery requests but has declined to order the cryptocurrency exchange to make its executives more available for depositions. The SEC expects more documents from the exchange and is concerned about Binance.US’s relationship with Ceffu, a global commodity that provides the service. Binance.US and its parent company, BAM Trading, agreed that US customer funds should only be accessible by US personnel. The SEC is now looking into the matter to see if Binance.US has breached this agreement.
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