Court approves protective order in SEC vs. Binance lawsuit
Court approves info disclosure order in SEC vs. Binance lawsuit. The protective order allows confidentiality for trade secrets and customer info in discovery. Binance challenges the SEC’s broad demands, protecting proprietary data. A significant development has taken place in the ongoing legal battle between the US Securities and Exchange Commission ( SEC ) and Binance entities, including CEO Changpeng Zhao. The US court has approved a protective order governing the production, use, and disclosure of information and materials related to the SEC vs. Binance lawsuit. Protecting confidential information The approved protective order establishes guidelines for the treatment and disclosure of confidential information generated during the lawsuit. Parties involved are permitted to designate discovery material as confidential, provided it falls within specific categories defined by the court. These categories include nonpublic trade secrets, proprietary fi...