Binance unleashes Ripple-style offensive in epic battle with the SEC binance binancesec bnb xrp xrparmy xrpcommunity xrpl xrpsec ripplesec xrpthestandart ripple $xrp $bnb
, popularly known as MetaLawMan, the recent motion filed by Binance's lawyers signifies a significant turning point in the case. The exchange alleges that the regulator violated court rules by making false statements outside of the courtroom, which were specifically intended to harm Binance US' customers and potentially influence the jury pool.
One of the key contentions raised is the SEC's issuance of a misleading press release after an order agreed upon by both parties. The press release claimed that the regulator had obtained"emergency relief" and made allegations against Changpeng Zhao, the head of the exchange, regarding the mishandling of customer assets. Binance vehemently denies these allegations and argues that the SEC failed to provide any concrete evidence to support their claims during court proceedings.
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