#Binance claims a conflict of interest and makes bogus accusations against the SEC.
In the ongoing legal dispute, Binance aims to limit the #SEC's ability to make public pronouncements.
Both the #cryptocurrency exchange and the larger crypto market have been significantly impacted by the ongoing legal dispute between Binance[BNB] and the U.S. Securities and Exchange Commission (SEC). The SEC accused Binance of listing unregistered #securities and offerings, among other things.
Binance, together with its legal counsel, vigorously refuted these allegations and added that SEC Chairman Gary Gensler was involved in a conflict of interest. Additionally, according to Binance, #Gensler had asked the exchange for an informal advising position before taking over as SEC chair.