According to a court filing, The Securities and Exchange Commission’s motion to reveal documents in its lawsuit against Binance.US was approved on Friday by a district judge.
In August, the SEC asked for these documents under seal, which meant only the lawyers involved in the case could access them.
On Thursday, the SEC requested to make documents, including those related to a statement made by SEC Trial Counsel Jennifer Farer, available to the public.
The parties associated with the lawsuit agreed to unseal many of these documents, according to the SEC.
The SEC sued Binance US in June, alleging that the exchange broke the law by engaging in activities related to securities without proper registration. The SEC brought forward 13 charges against Binance US for these alleged violations.
In another filing on Thursday, the regulator charged Binance US’s holding company, BAM, with only making 220 documents related to its investigation. That included “unintelligible screenshots,” which fell short of securing that “BAM’s customer assets are not at the mercy” of either Binance or Zhao.
In a document submitted alongside the SEC’s request to reveal certain files, there was a note stating that BAM’s external auditor, FGMK, has generated more than 6,500 documents, that “primarily concern BAM’s custody and control of its assets.”
U.S. Magistrate Judge Zia M. Faruqui in Washington, D.C., instructed the court’s clerk to unseal several different exhibits and make them accessible to the public, while others will be available but with certain information blacked out or removed.
The SEC said that some documents remain sealed or partially sealed, and the judge agreed to this. However, Judge Faruqui has given Binance.US, other defendants, and anyone not directly involved in the case a week to explain why specific documents should remain confidential.