In the ongoing lawsuit brought by the Securities and Exchange Commission (SEC), Binance was granted an extension to respond to court orders on Sept. 26.
The SEC filed suit in August against cryptocurrency exchange Binance Holdings Limited and its founder, Changpeng Zhao, along with two U.S.-based Binance entities, BAM Trading Services Inc. and BAM Management U.S. Holdings Inc. The SEC alleges the companies sold digital asset securities without proper registration.
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