Binance says the SEC can’t use DOJ plea deals as proof of guilt

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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