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’ belongings,” stated a Sept. 12 court docket submitting by Binance.US, which is looking for to shake off SEC expenses it operated an unregistered crypto change, including that when the corporate later “discovered that BHL was planning to market the software program commercially underneath the title ‘Ceffu,’ it adopted the title as a shorthand reference to the software program, together with in correspondence with the SEC.”