The latest court status report confirms ongoing conflicts between Binance and the U.S. Securities and Exchange Commission (SEC) regarding evidence production and witness testimonies. The SEC's demands for comprehensive evidence from Binance have led to disputes, especially over asset custody and liquidity. Binance maintains that it has fulfilled all document production obligations. The case involves BAM Trading Services, Binance.US's parent company, and highlights the increasing legal scrutiny over cryptocurrency exchanges' operations.
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