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International Business Times

Business

Nica Osorio

INSANE: Binance cz ask court to dismiss sec s latest notice procedurally improper - The Real Truth

SEC Binance Changpeng Zhao CZ Department of Justice

KEY POINTS

Binance and Zhao entered into a settlement agreement with the U.S. DOJ and other regulators last month
The SEC used Binance and CZ's plea deals to push its case against both
Binannce, in a latest court filing, argued that the SEC's notice was "procedurally improper and impermissible"

Binance and its former CEO, Changpeng Zhao, have requested the court to dismiss the U.S. Securities and Exchange Commission's (SEC) Notice of Supplemental Authority, calling it "procedurally improper."

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