Page 1 UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
No. 1-23-cv-01599-ABJ
BINANCE HOLDINGS LIMITED,
BAM TRADING SERVICES INC.,
BAM MANAGEMENT US HOLDINGS
INC., AND CHANGPENG ZHAO,
Defendants.
JOINT STATUS REPORT
Pursuant to the Court’s June 13, 2023 Order, the parties have been diligently working
towards an agreement relating to a proposed Consent Order, including many hours spent with
Magistrate Judge Faruqui, yesterday and today. Progress has been made, and the parties are
continuing to negotiate a proposed Consent Order.
. Page 2 Dated: June 15,
Respectfully submitted,
/s/ Michael Celio
Michael Celio (pro hac vice)
GIBSON, DUNN & CRUTCHER LLP
1881 Page Mill Road
Palo Alto, CA 94304-MCelio@gibsondunn.com
/s/ Matthew Scarlato
David A. Nasse
Matthew F. Scarlato (D.C. Bar No. 484124)
Jennifer L. Farer (D.C. Bar No. 1013915)
SECURITIES AND EXCHANGE
COMMISSION
100 F Street, NE
Washington, DC 20549-(202) 551-3749 (Scarlato)
nassed@sec.gov
farerj@sec.gov
scarlatom@sec.gov
Mary Beth Maloney (pro hac vice)
GIBSON, DUNN & CRUTCHER LLP
200 Park Avenue
New York, NY 10166-MMaloney@gibsondunn.com
Daniel W. Nelson (D.C. Bar #433415)
Jason J. Mendro (D.C. Bar #482040)
Stephanie Brooker (pro hac vice)
M. Kendall Day (pro hac vice
forthcoming)
Richard W. Grime (pro hac vice
forthcoming)
GIBSON, DUNN & CRUTCHER LLP
1050 Connecticut Avenue, N.W.
Washington, D.C. 20036-DNelson@gibsondunn.com
JMendro@gibsondunn.com
SBrooker@gibsondunn.com
KDay@gibsondunn.com
RGrime@gibsondunn.com
John Emmett Murphy
Jorge G. Tenreiro
SECURITIES AND EXCHANGE
COMMISSION
100 Pearl Street
New York, NY (212) 336-0078 (Murphy)
murphyjoh@sec.gov
tenreiroj@sec.gov
Attorneys for Plaintiff Securities and
Exchange Commission
Attorneys for Defendant Binance
Holdings Limited Page 3 /s/ Abid Qureshi
Abid R. Qureshi (D.C. Bar No. 459227)
William R. Baker, III (D.C. Bar No.
383944)
Michael E. Bern (D.C. Bar No. 994791)
LATHAM & WATKINS LLP
555 Eleventh Street, NW, Suite Washington, DC Tel: (202) 637-Fax: (202) 637-abid.qureshi@lw.com
william.baker@lw.com
michael.bern@lw.com
/s/ Andrew M. Leblanc
Andrew M. Leblanc
MILBANK LLP
1850 K Street N.W.
Suite Washington, DC (202) 835-Fax: (202) 263-aleblanc@milbank.com
George Canellos
Adam Fee
Matthew Laroche
MILBANK LLP
55 Hudson Yards
New York, NY 10001-212-530-gcanellos@milbank.com
afee@milbank.com
mlaroche@milbank.com
Douglas K. Yatter (pro hac vice pending)
Benjamin Naftalis (pro hac vice pending)
LATHAM & WATKINS LLP
1271 Avenue of the Americas
New York, NY Tel: (212) 906-Fax: (212) 751-douglas.yatter@lw.com
benjamin.naftalis@lw.com
Heather A. Waller (pro hac vice pending)
LATHAM & WATKINS LLP
330 North Wabash Avenue, Suite Chicago, IL Tel: (312) 876-Fax: (312) 993-heather.waller@lw.com
Matthew T. Martens
William R. McLucas (pro hac vice pending)
WILMER CUTLER PICKERING HALE AND
DORR LLP
2100 Pennsylvania Avenue NW
Washington, DC (202) 663-Fax: (202) 663-matthew.martens@wilmerhale.com
william.mclucas@wilmerhale.com
Melanie M. Blunschi (pro hac vice pending)
LATHAM & WATKINS LLP
505 Montgomery Street, Suite San Francisco, CA 94111-Tel: (415) 391-Fax: (415) 395-melanie.blunschi@lw.com
Tiffany J. Smith (pro hac vice pending)
WILMER CUTLER PICKERING HALE
AND DORR LLP
7 World Trade Center
250 Greenwich Street
New York, NY tiffany.smith@wilmerhale.com
Attorneys for Defendant Changpeng
Zhao
Attorneys for Defendants BAM Trading Services
Inc. and BAM Management Holdings
US Inc.
PDF Page 1
PlainSite Cover Page
PDF Page 2
Case 1:23-cv-01599-ABJ Document 68 Filed 06/15/23 Page 1 of 3
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
No. 1-23-cv-01599-ABJ
BINANCE HOLDINGS LIMITED,
BAM TRADING SERVICES INC.,
BAM MANAGEMENT US HOLDINGS
INC., AND CHANGPENG ZHAO,
Defendants.
JOINT STATUS REPORT
Pursuant to the Court’s June 13, 2023 Order, the parties have been diligently working
towards an agreement relating to a proposed Consent Order, including many hours spent with
Magistrate Judge Faruqui, yesterday and today. Progress has been made, and the parties are
continuing to negotiate a proposed Consent Order.
.
1
PDF Page 3
Case 1:23-cv-01599-ABJ Document 68 Filed 06/15/23 Page 2 of 3
Dated: June 15, 2023
Respectfully submitted,
/s/ Michael Celio
Michael Celio (pro hac vice)
GIBSON, DUNN & CRUTCHER LLP
1881 Page Mill Road
Palo Alto, CA 94304-1211
MCelio@gibsondunn.com
/s/ Matthew Scarlato
David A. Nasse
Matthew F. Scarlato (D.C. Bar No. 484124)
Jennifer L. Farer (D.C. Bar No. 1013915)
SECURITIES AND EXCHANGE
COMMISSION
100 F Street, NE
Washington, DC 20549-9040
(202) 551-3749 (Scarlato)
nassed@sec.gov
farerj@sec.gov
scarlatom@sec.gov
Mary Beth Maloney (pro hac vice)
GIBSON, DUNN & CRUTCHER LLP
200 Park Avenue
New York, NY 10166-0193
MMaloney@gibsondunn.com
Daniel W. Nelson (D.C. Bar #433415)
Jason J. Mendro (D.C. Bar #482040)
Stephanie Brooker (pro hac vice)
M. Kendall Day (pro hac vice
forthcoming)
Richard W. Grime (pro hac vice
forthcoming)
GIBSON, DUNN & CRUTCHER LLP
1050 Connecticut Avenue, N.W.
Washington, D.C. 20036-5306
DNelson@gibsondunn.com
JMendro@gibsondunn.com
SBrooker@gibsondunn.com
KDay@gibsondunn.com
RGrime@gibsondunn.com
John Emmett Murphy
Jorge G. Tenreiro
SECURITIES AND EXCHANGE
COMMISSION
100 Pearl Street
New York, NY 10004
(212) 336-0078 (Murphy)
murphyjoh@sec.gov
tenreiroj@sec.gov
Attorneys for Plaintiff Securities and
Exchange Commission
Attorneys for Defendant Binance
Holdings Limited
2
PDF Page 4
Case 1:23-cv-01599-ABJ Document 68 Filed 06/15/23 Page 3 of 3
/s/ Abid Qureshi
Abid R. Qureshi (D.C. Bar No. 459227)
William R. Baker, III (D.C. Bar No.
383944)
Michael E. Bern (D.C. Bar No. 994791)
LATHAM & WATKINS LLP
555 Eleventh Street, NW, Suite 1000
Washington, DC 20004
Tel: (202) 637-2200
Fax: (202) 637-2201
abid.qureshi@lw.com
william.baker@lw.com
michael.bern@lw.com
/s/ Andrew M. Leblanc
Andrew M. Leblanc
MILBANK LLP
1850 K Street N.W.
Suite 1100
Washington, DC 20006
(202) 835-7574
Fax: (202) 263-7574
aleblanc@milbank.com
George Canellos
Adam Fee
Matthew Laroche
MILBANK LLP
55 Hudson Yards
New York, NY 10001-2163
212-530-5792
gcanellos@milbank.com
afee@milbank.com
mlaroche@milbank.com
Douglas K. Yatter (pro hac vice pending)
Benjamin Naftalis (pro hac vice pending)
LATHAM & WATKINS LLP
1271 Avenue of the Americas
New York, NY 10020
Tel: (212) 906-1200
Fax: (212) 751-4864
douglas.yatter@lw.com
benjamin.naftalis@lw.com
Heather A. Waller (pro hac vice pending)
LATHAM & WATKINS LLP
330 North Wabash Avenue, Suite 2800
Chicago, IL 60611
Tel: (312) 876-7700
Fax: (312) 993-9767
heather.waller@lw.com
Matthew T. Martens
William R. McLucas (pro hac vice pending)
WILMER CUTLER PICKERING HALE AND
DORR LLP
2100 Pennsylvania Avenue NW
Washington, DC 20037
(202) 663-6921
Fax: (202) 663-6363
matthew.martens@wilmerhale.com
william.mclucas@wilmerhale.com
Melanie M. Blunschi (pro hac vice pending)
LATHAM & WATKINS LLP
505 Montgomery Street, Suite 2000
San Francisco, CA 94111-6538
Tel: (415) 391-0600
Fax: (415) 395-8095
melanie.blunschi@lw.com
Tiffany J. Smith (pro hac vice pending)
WILMER CUTLER PICKERING HALE
AND DORR LLP
7 World Trade Center
250 Greenwich Street
New York, NY 10007
tiffany.smith@wilmerhale.com
Attorneys for Defendant Changpeng
Zhao
Attorneys for Defendants BAM Trading Services
Inc. and BAM Management Holdings
US Inc.
3
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