New Development in SEC Case Against Binance

There has been a new development in the case filed by the US Securities and Exchange Commission (SEC) against Binance and CEO Changpeng Zhao. Eeon, an organization, has applied to the court to intervene in the lawsuit on behalf of customers. Third Party Wants to Intervene in SEC’s Lawsuit Against Binance Last month, the US regulatory agency SEC filed a lawsuit against Binance Global, Binance.US, and CEO Changpeng Chao (CZ), alleging 13 charges, including misleading investors and violating securities laws. According to an application made to the District Court for the District of Columbia, Eeon, a Nevada-based legal entity, has applied to intervene in the lawsuit between SEC and Binance on behalf of exchange customers. The application petition states that SEC and Binance lawyers are acting in their own interests and none of them are defending the customers of the exchange: Since we are defined as “customers” by the court, […] The post New Development in SEC Case Against Binance appeared first on COINTURK NEWS.