ChainCatcher news, Coinbase's Chief Legal Officer Paul Grewal stated on the X platform that a U.S. judge has ruled on the motion to compel between Coinbase and the U.S. Securities and Exchange Commission (SEC), ordering the SEC to disclose key information that is crucial for the defense in the case. Paul Grewal mentioned that he will share the complete trial record once it is obtained, and he expressed gratitude to the court for its careful consideration of the matter.Previous news, Coinbase filed an objection on August 12 against the SEC's proposal to expand the definition of trading platforms, stating that the SEC's proposal lacks critical analysis, is based on unreasonable assumptions, fails to demonstrate any regulatory issues that need to be addressed, and greatly exaggerates the benefits claimed by the proposal.

ChainCatcher news, according to CoinGape, two U.S. entities operating under the Binance.US brand, BAM Management US Holdings and BAM Trading Services, have submitted a motion for an extension of time.The motion is a response to the order from Magistrate Judge Zia M. Faruqui, which required the defendants to show cause for sealing or redacting any documents related to the SEC's motion to compel. If the motion is granted, it will allow Binance.US more time to respond to the SEC's motion to compel.