#RichQUACK CryptoNews: SEC accuses #BinanceUS of hindering an ongoing investigation, as per a court filing dated Sept.
15 Sep 2023, 11:23
#RichQUACK CryptoNews: 🔍 SEC accuses #BinanceUS of hindering an ongoing investigation, as per a court filing dated Sept. 14
📄 The filing states & its holding co. BAM produced only 220 docs—many of which lack dates/signatures. $BNB $QUACK
👥 BAM has also been evasive, refusing to provide key witnesses for deposition, and offering only those they unilaterally chose.
📚 The SEC states BAM responded to document requests with "blanket objections," while claiming certain docs don't exist—only for the SEC to find them elsewhere later.
🔒 Wallet software #Ceffu also under scrutiny. Inconsistent statements about who provides the wallet custody services have been noted.
📑 SEC alleges the use of Ceffu could breach prior agreements aimed at keeping funds from being transferred abroad.
🚨 Previously, the SEC filed 13 charges against Binance, including failing to register as a clearing agency and broker-dealer.
🔄 The latest SEC allegations come amid a leadership crisis at https://t.co/aRK8l3sQIb, with several top execs recently stepping down.
❓ has yet to respond to these latest allegations.