New Delhi: The report says that Eeon, a third-party organisation, interfered with the case brought by the US Securities and Exchange Commission (SEC) against cryptocurrency exchange Binance.
Eeon said that the SEC and counsel for Binance improperly failed to represent the interests of the exchange’s users in a filing by the United States District Court for the District of Columbia. This is anticipated to prompt Eeon to hunt for a representation for them eventually, report says.
Sources revealed that “We are the appropriate parties involved in this case, as the court identified us as ‘customers’ in its order dated June 17, 2023. We are not ordinary customers; we are stakeholders, investors and owners of cryptocurrency held by Binance and its subsidiaries. We firmly believe that our interests were not adequately considered,” Eeon explained.
It is alleged that Eeon requested restitution from Binance and the SEC in a counterclaim, asking for around $1000 per day or 20% of the daily worth of withheld payments per consumer. Additionally, the report concluded that Binance had not provided any additional specific information.
