{"id":58132,"date":"2023-08-31T05:24:42","date_gmt":"2023-08-31T09:24:42","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=58132"},"modified":"2023-08-31T06:10:05","modified_gmt":"2023-08-31T10:10:05","slug":"judge-approves-binances-new-attorney-amid-secs-secret-filing","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/judge-approves-binances-new-attorney-amid-secs-secret-filing\/","title":{"rendered":"Judge Approves Binance’s New Attorney Amid SEC’s Secret Filing"},"content":{"rendered":"\n

Judge Amy Jackson has granted attorney Andrew Rhys Davies permission to represent BinanceUS<\/a> in response to a confidential submission made by the U.S. SEC.<\/p>\n\n\n\n

\"Judge<\/figure>\n\n\n\n

A federal magistrate has approved a new attorney for BinanceUS in the U.S. Securities and Exchange Commission (SEC) lawsuit against Binance, Binance.US, and CEO Changpeng “C.Z.” Zhao. In the meantime, the SEC<\/a> seeks a court order to file a ‘document under seal,' which experts believe pertains to allegations of money laundering or other potential criminal conduct.<\/p>\n\n\n\n

Binance Seeks Skilled Counsel Against the US SEC<\/h2>\n\n\n\n

Attorney Andrew Rhys Davies has filed a notice of appearance on behalf of BAM Management U.S. Holdings and BAM Trading Services (Binance.US), according to a new filing in the Binance v. US SEC lawsuit on August 30. The motion by Davies to appear pro hac vice in the lawsuit has been granted by Judge Amy Berman Jackson.<\/p>\n\n\n\n

According to a previous order, Judge Jackson required Davies to file a notice of appearance to participate in the Binance v. SEC case.<\/p>\n\n\n\n

\n

\u201cMINUTE ORDER granting 99 Motion for Leave of Andrew Rhys Davies to Appear Pro Hac Vice only upon condition that the lawyer admitted, or at least one member of the lawyer\u2019s firm, undergo CM\/ECF training, obtain a CM\/ECF username and password, and agree to file papers electronically.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

BinanceUS seeks a protective order from the court in response to the SEC's violation of the agreed-upon consent order, as previously reported. Judge Amy Jackson referred the protective order motion from Binance.US to Magistrate Judge Faruqui for resolution.<\/p>\n\n\n\n

The US SEC Confidential Filing<\/h2>\n\n\n\n

In the meantime, the SEC has filed sensitive or private information in the lawsuit. The securities regulator will likely intensify its action against the world's largest cryptocurrency exchange<\/a> and its U.S.-based subsidiary for blatantly disregarding the previously agreed-upon agreement.<\/p>\n\n\n\n

John Reed Stark, a former SEC enforcement official, believes the SEC may disclose a criminal investigation\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> or prosecution of Binance by the U.S. Department of Justice. Additionally, it could put a witness or business at risk. However, these are merely assumptions, and the specifics will remain confidential.<\/p>\n","protected":false},"excerpt":{"rendered":"

Judge Amy Jackson has granted attorney Andrew Rhys Davies permission to represent BinanceUS in response to a confidential submission made by the U.S. SEC. A federal magistrate has approved a new attorney for BinanceUS in the U.S. Securities and Exchange Commission (SEC) lawsuit against Binance, Binance.US, and CEO Changpeng “C.Z.” Zhao. In the meantime, the […]<\/p>\n","protected":false},"author":56,"featured_media":58134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,834],"tags":[],"class_list":["post-58132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-binance"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/SEC-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=58132"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/58132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/58134"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=58132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=58132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=58132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}