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SEC, Binance unite against Eeon’s lawsuit intervention

Published 07/29/2023, 02:42 AM
Updated 07/31/2023, 05:00 AM

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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