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Despite its settlement with the US Department of Justice, Binance’s legal team continues to fight the US Securities and Exchange’s case against the crypto exchange.
In a filing from late Tuesday, lawyers representing the exchange argued that the SEC made “misleading” claims.
They also called the SEC’s prior filing — which asserted that the DOJ’s plea deals with Binance and former CEO Changpeng Zhao proved the two “deliberately” tried to “subvert US law” — “procedurally improper and impermissible.”
In November, the DOJ announced a $4.3 billion settlement with Binance that also ousted Zhao from his role as CEO. Both Zhao and Binance entered plea deals,…
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