Judge Approves New Attorney For Binance As SEC's Secret Filing

Binance Gets Expert Attorney Against the US SEC

According to a new filing in the Binance vs US SEC lawsuit on August 30, attorney Andrew Rhys Davies filed a notice of appearance for BAM Management US Holdings and BAM Trading Services (Binance.US). Judge Amy Berman Jackson has approved the earlier motion by Davies to appear pro hac vice in the lawsuit.

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According to a previous order, Judge Jackson wanted Davies to file a notice of appearance to appear in the Binance vs SEC lawsuit.

“MINUTE ORDER granting 99 Motion for Leave of Andrew Rhys Davies to Appear Pro Hac Vice only upon condition that the lawyer admitted, or at least one member of the lawyer’s firm, undergo CM/ECF training, obtain a CM/ECF username and password, and agree to file papers electronically.”

CoinGape Media earlier reported that the attorney comes in as BinanceUS seeks protective order from the court in response to the SEC’s exceeding the agreed-upon consent order. Judge Amy Jackson referred Binance.US’ protective order motion to Magistrate Judge Faruqui for resolution of the dispute.

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Also Read: Bitcoin to Take Centre Stage In US Presidential Elections After Grayscale Victory

The US SEC Secret Filing

Meanwhile, the SEC is filing sensitive or confidential information in the lawsuit. The securities regulator is likely looking to intensify its action against the world’s largest crypto exchange and its U.S.-based entity for completely ignoring the earlier-agreed agreement.

Former SEC enforcement official John Reed Stark believes the SEC may reveal criminal investigation or prosecution conducted by the U.S. Department of Justice against Binance. Also, it could place a witness or company at risk. However, these are just assumptions and the actual details will remain confidential.

Also Read: Terra Luna Classic L1TF All Set For v2.2.0 Core Upgrade, LUNC Price Jumps 5%

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