Binance, one of the world’s largest cryptocurrency exchanges, has recently filed a court order requesting the Securities and Exchange Commission (SEC) attorneys to adhere to the appropriate rules of conduct. The move comes in response to the SEC’s ongoing investigation into Binance’s operations and potential regulatory violations.
The court order appears to highlight Binance’s frustration with the SEC’s actions, suggesting that the exchange believes the regulatory body is not following the proper protocols. Binance’s legal team has reportedly argued that the SEC attorneys should be held accountable for any misconduct or breaches of conduct during the investigation.
This development further intensifies the already complex and contentious relationship between Binance and the SEC. The exchange has been under increased scrutiny in recent months, with regulatory authorities around the world raising concerns about its compliance with anti-money laundering and investor protection measures.
Binance’s decision to seek a court order indicates its determination to challenge the SEC’s investigation and potentially defend its reputation in the cryptocurrency industry. However, the outcome of this legal battle remains uncertain, adding to the perplexity surrounding the future of Binance and the regulatory landscape in the cryptocurrency world.
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