Binance's U.S. Arm Pushes Back Against SEC Document Requests Amid Investigation Into Exchange's Business Practices
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Binance's U.S. entity is pushing back against SEC's document requests amid an investigation into the exchange's business practices.
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The SEC alleges BAM's document production has been slow and insufficient, stonewalling information categories.
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BAM alleges SEC requests are overbroad, burdensome, and outside investigation scope.
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Tug-of-war over internal documents intensifies between BAM and SEC.
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SEC investigating BAM for allegedly operating an unregistered securities exchange and improperly custodying customer assets.
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