SEC Loses to Binance US on Court Request But Exchange Volume Down From $5B to $40M

The U.S. SEC took a loss after a court denied its request to inspect Binance US. Trading volume on the platform has decreased significantly since the lawsuit began.
The United States Securities and Exchange Commission (SEC) suffered a setback in its lawsuit against Binance. On Monday, a federal magistrate judge denied a request that would have granted the SEC immediate access…

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