CZ Denies Binance.US Used Ceffu or Binance Custody as SEC Probe Continues

BAM “depends on pockets custody software program developed by BHL to take care of the digital asset wallets that maintain a lot of its prospects’ property,” mentioned a Sept. 12 court docket submitting by Binance.US, which is in search of to shake off SEC fees it operated an unregistered crypto change, including that when the corporate later “discovered that BHL was planning to market the software program commercially below the title ‘Ceffu,’ it adopted the title as a shorthand reference to the software program, together with in correspondence with the SEC.”