U.S. court issues protective order over disclosure of materials in SEC vs. Binance lawsuit

A U.S. court has granted a protective order that will govern the production, use and disclosure of all information and materials provided by any party in the SEC’s lawsuit against Binance entities and its CEO CZ. Subject to a court order, either party may designate as confidential material discovery that it reasonably believes is confidential because it falls into at least one of the categories described by the court. Some of these categories include: 1. Non-public trade secrets, proprietary information and financial information, including earnings reports or estimates, percentage fees, design fees, royalties, minimum deposits, sales reports and sales profits. 2. Non-public materials relating to ownership or control of any private company and non-public customer information, including customer identities. The order further states that the parties recognize that the confidentiality designation will not apply to all documents and information produced during the discovery process and that the designation will apply only to discovery material that is expressly qualified under the court order. (Cryptonews)