Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits

Would You like a feature Interview?

All Interviews are 100% FREE of Charge

Court filings have revealed the names of two U.S. District Court judges responsible for the lawsuits filed by the U.S. Securities and Exchange Commission against Coinbase and Binance.

The SEC v. Coinbase case will be heard by Judge Jennifer H. Rearden of the Southern District of New York. Documents to be submitted show.

Meanwhile, District Court Judge Amy Berman-Jackson will preside over the SEC v. Binance case in the District of Columbia. according to in recent filings.

SEC vs. Coinbase: Judge Jennifer H. Rearden

Judge Rearden, 53, was appointed as a U.S. District Judge in January 2022. District judges in the United States are appointed by the chief justice of the court.

Rearden’s tenure was fairly short, but he recently ruled on a cryptocurrency-related issue involving a clash with Binance.US.

On March 27, Rearden approved an emergency motion from the U.S. Department of Justice to suspend a $1.03 billion transaction between Binance.US and bankrupt crypto lending platform Voyager Digital.

This decision meant that affected Voyager customers would have to wait longer to receive their payments.

Rearden applied the “balance of hardships” test to rule in favor of the U.S. government.

This later turned out to be a deal breaker for Voyager, with Binance.US pulling out of the deal after a month, citing a change of heart and the “hostile and uncertain regulatory environment in the United States.”

Voyager’s bankruptcy plan was finally approved on May 17, but Rearden did not.

Prior to serving as a judge, Rearden worked as a commercial litigation attorney and received a Juris Doctor degree from the New York Law School in 1996.

It should be noted that a judge’s background, experience, or past judgments in other litigation are not indicative of the outcome of any future litigation.

SEC vs. Binance: Judge Amy Berman Jackson

Judge Jackson, 68, was appointed a federal district judge by former US President Barack Obama in March 2011. Prior to that, she earned a Juris Doctor degree from Harvard Law School.

While Jackson provided opinion None of the 888 appear to be related to cryptocurrency-related disputes.

SEC vs. @Binance The case has just been assigned to Washington DC Judge Amy Berman Jackson.

Judge Berman-Jackson, a former federal prosecutor, has also worked for criminal defense.

She was appointed to the bench by President Obama in 2010.

she presides over…

— MetaLawMan (@MetaLawMan) June 7, 2023

However, she has recently ruled on several highly political disputes.

Jackson has sentenced Paul Manafort Jr. and Roger J. Stone Jr., former advisers and friends of former President Donald Trump, to 43 months and 43 months in prison each for a series of charges related to the 2019 Russia probe. Sentenced to 40 months in prison.

Trump also shared his negative feelings about Jackson and her decision.

Was it this judge who put Paul Manafort in solitary confinement, something even gangster Al Capone couldn’t stand? How did she handle the twisted Hillary Clinton? Just ask! https://t.co/Fe7XkepJNN

— Donald J. Trump (@realDonaldTrump) February 12, 2020

Jackson in May approved A motion filed by the U.S. Department of Justice (DOJ) to block the deposition of former President Donald Trump in connection with two other lawsuits filed by former FBI agents.

Jackson served as an assistant federal attorney in Washington, DC from 1980 to 1986.

During her stay, she received the Department of Justice Distinguished Service Award for her work on several high-profile murder and sexual assault cases.

Related: U.S. Federal Judge Approves Justice Department Criminal Charges for Using Cryptocurrencies to Evade Sanctions

The SEC sued both Binance on June 5 and Coinbase on June 6, accusing both exchanges of violating various securities rules, most notably what regulators deemed unregistered securities. It was supposed to offer a virtual currency.

Binance has been accused of operating illegally in the United States.

Both Binance and Coinbase have confirmed that they will “strongly” defend the lawsuits brought against them.

magazine: Tornado Cash 2.0 — Race to Build a Safe and Legal Coin Mixer