A court in the United States has banned the use of indirect evidence against the Binance crypto exchange
A judge in the District of Columbia has issued a ruling restricting the ability of the U.S. Securities and Exchange Commission (SEC) to use circumstantial evidence and evidence in all lawsuits involving the Binance cryptocurrency exchange.
Amy Berman Jackson clarifies in the comments to the decision: the verdict should serve to optimize the legal process and preserve the court's attention to key issues, without distracting from the constantly changing arguments of the parties and references to case law.
Indirectly, this directive of the District Court affects both sides of the litigation. The ruling narrows down the range of acceptable arguments and prohibits both the SEC and Binance from discussing or describing new cases, in addition to those that were originally mentioned when filing claims or appeals.
The US Federal Appeals Court has resumed hearings on a lawsuit by a group of investors against the world's largest cryptocurrency exchange Binance. Investors accuse the trading platform of violating U.S. securities laws by selling unregistered tokens.
