SEC, Binance unite against Eeon’s lawsuit intervention By Cointelegraph

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SEC, Binance unite against Eeon’s lawsuit intervention

Published Jul 29, 2023 02:42AM ET Updated Jul 29, 2023 04:40AM ET

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SEC, Binance unite against Eeon’s lawsuit intervention

The United States Securities and Exchange Commission (SEC) and Binance have submitted responses regarding the entity “Eeon,” which has sought to intervene on behalf of customers in the SEC’s case against the crypto exchange.

According to the U.S. District Court for the District of Columbia, Binance and the SEC objected to Eeon’s request to intervene in the lawsuit, citing that it does not meet the necessary legal requirements for intervention and consent.

Screenshot of SEC’s response to the intervention petition. Source: CourtListener

Screenshot of Binance’s response to the intervention petition. Source: CourtListener

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