Posts

Showing posts with the label binance vs sec

Binance Hires Former DOJ Prosecutor for SEC Lawsuit Defense: Bloomberg

Image
Binance Prosecution In Lawsuit According to the filing, M. Kendall Day will act as counsel for Binance in the SEC case, Bloomberg reports. Day, who currently works as a partner at the Washington DC office of Gibson Dunn & Crutcher, previously served as the acting deputy assistant attorney general at the Criminal Division of the Department of Justice for 15 years, as stated in his biography on the Gibson Dunn website. advertisement During his tenure at the Department of Justice, Day held the position of chief of the Money Laundering and Asset Recovery Section, where he had nationwide oversight over the department’s anti-money laundering initiatives. This included handling money laundering charges, deferred prosecution agreements, and non-prosecution agreements involving financial institutions, as stated on the Gibson Dunn website. In recent weeks, Binance and Binance .US have been bolstering their legal team for the SEC case. The company has also...