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Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO

Published 06/07/2023, 01:37 PM
Updated 06/07/2023, 03:20 PM

Former Binance.US CEO Catherine Coley, who is transparently known as “BAM CEO A” in the suit against Binance filed by the United States Securities and Exchange Commission (SEC) on June 5, has kept a low profile since her departure. However, she provided testimony to the SEC in 2022 when it was investigating the company for insider trading.

That testimony has resurfaced as an exhibit in the SEC’s new case against the cryptocurrency exchange. Coley’s 2022 testimony was apparently quite long, as the selections that constitute Exhibit 86 in the case have page numbers that range from 135 to 336. Those passages mainly concern the separation of Binance and Binance.US, which was the subject of major allegations in the SEC suit.

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