Binance gets court approval to postpone response to U.S. SEC lawsuit

Odaily Planet Daily News In a lawsuit filed by the U.S. Securities and Exchange Commission (SEC), Binance was granted an extension to respond to the court order on September 26. Judge Zia M. Faruqui of the U.S. District Court for the District of Columbia granted BAM Trading and BAM Management’s motions for an extension of time to respond to two previous court orders. The first order requires the defendants to explain why certain documents related to the SEC's motion to compel discovery should continue to be sealed or redacted, and the second order requires the defendants to justify the sealing of documents related to the SEC's response to its motion to compel discovery. Separately, BAM Trading and BAM Management have filed an unopposed motion to postpone a case status conference on October 12. The two companies were the only defendants asking for more time to respond. (CryptoSlate)