Binance.US files motion seeking extension of time to respond to SEC motion to compel

Odaily Planet Daily News According to a court document on September 22, BAM Management US Holdings and BAM Trading Services (Binance.US) submitted a motion to extend the time. The motion was in response to District Judge Zia M. Faruqui’s order requiring defendants to show cause to seal or redact any documents related to the SEC’s response to the SEC’s motion to compel. If the motion is approved, it will allow Binance.US more time to respond to the SEC’s compulsory motion. (CoinGape) It was reported yesterday that Binance.US and its affiliates have requested the District Court of Washington, D.C., to dismiss the lawsuit filed by the U.S. SEC, saying that its accusations of wash trading have “no factual basis.”