U.S. SEC agrees to unseal some confidential documents in Binance lawsuit

Odaily Planet Daily News According to a court document on September 15, the SEC has submitted an "unblocking motion" to disclose the contents of the confidential document it submitted last month. The SEC, as well as Binance and Binance.US, have agreed to unseal many documents filed by the SEC last month, including documents related to the “Motion for Injunctive and Other Relief” and the “Motion for a Protective Order Against Binance.US.” According to the filing, "the SEC also has no objection to the sealing or partial sealing of certain documents it has designated as confidential if defendants BAM Trading Services Inc. and BAM Management US Holdings Inc. (collectively, BAM) continue to request confidentiality." The SEC alleges that Binance.US caused significant delays in the case during the process of filing sealed documents with the court in response to the SEC’s previous request. It is reported that Binance.US (BAM) has submitted revised versions of relevant documents; Binance and the SEC recommended that some sealed documents be publicly disclosed, and some were classified as disputed documents. (CoinGape)