Binance Files a Motion Against the SEC’s “Fishing Expedition.”

The post Binance Files a Motion Against the SEC’s “Fishing Expedition.” appeared first on Coinpedia Fintech News

Binance has filed a motion for a protective order against the SEC, citing a “fishing expedition” from the regulator. The crypto exchange claims the SEC is demanding it provide communications dating back to November 2022 on “dozens of topics” that have no bearing on customer assets. Binance also objected to the SEC’s request that six of its employees and officers, including CEO Changpeng “CZ” Zhao, be made available for depositions, arguing that those who have firsthand knowledge have already been offered for questioning.