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In another case, United States v. Beauchamp, Colemans deal was even weaker. Steven Beauchamp was arrested in August 2017 for sending sexually explicit images to someone he thought was a 14-year-old girl but was actually an undercover police officer. Beauchamp also admitted to officers that he had asked the girl for nude selfies.

Beauchamp was charged in December that year with knowingly attempting to employ, use, persuade, induce, entice, and coerce any minor to engage in sexually explicit conduct for the purpose of producing any visual depiction; knowingly attempting to persuade, induce, and entice an individual who had not attained the age of 18 years to engage in sexual activity for which a person may be charged with a criminal offense; and distribution of child pornography.

Coleman offered Beauchamp a plea agreement for between 15 and 17.5 years in prison and no supervised release. A judge sentenced Beauchamp in July 2018 to 17.5 years in prison and 20 years of supervised release.

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Tough on Crime Republican Attorney General Candidate Is Soft on ... - The New Republic

If Trump is again the Republican nominee, the V.P. slot may not be worth (in the bowdlerized words of former Vice President John Nance Garner) a pitcher of warm spit. Unless you like the look of angry mobs with nooses, serving as second banana to Trump has its career downsides, as Pence illustrates. But when it comes to picking a V.P. before the Republican convention next July, South Dakota Governor Kristi Noem will be high on the list of contenders. As Politico put it Friday, If the 2024 primary is in part a tryout to be former President Donald Trumps next running mate, Noems national standing appears to have been rekindled. Shes suddenly front-and-center in the veepstakes. Noems secret: Shes not running for president. Virginia Governor Glenn Youngkin also fits the time-tested pattern of wading into the shallows of a would-be presidential campaign and then racing back to the safety of the shore. Noem, unlike Youngkin, fits the Pence mold: a Midwestern social conservative with little national name recognition who could use a stint as a running mate to boost her national profile in advance of a later presidential run.

Ever since John Kennedy tapped Lyndon Johnson, his convention runner-up, as his running mate in 1960, the gliband incorrectassumption has been that such unity tickets are the norm. On the Republican side in modern times, only one failed presidential candidate has ever been nominated for vice president. That was George H.W. Bush in 1980, who upended Ronald Reagan in the Iowa caucuses and then proved a pesky opponent until he reluctantly dropped out in late May.

A strong case can be made that both Joe Biden and Kamala Harris were picked for vice president despite running for president rather than because of it. Biden, who abandoned his 2008 bid for the White House after winning 1 percent support in the Iowa caucuses, appealed to Barack Obama because of his Senate experience and foreign policy credentialsand not because of his political prowess. Harris offers a more complicated situation since she was considered a major presidential contender when she declared her candidacy in January 2019 before flaming out, hemorrhaging money and support, in December 2019.

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The Next Republican Nominee for Vice President Probably Isn't on ... - The New Republic

1. Binance.US CEO Leaves Embattled Crypto Exchange  The Wall Street Journal
2. Binance.US CEO departs as crypto company cuts a third of its workforce  The Associated Press
3. Binance.US Head of Legal and Chief Risk Officer Leaving the Crypto Exchange: WSJ  CoinDesk

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Binance.US CEO Leaves Embattled Crypto Exchange - The Wall Street Journal

The United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto exchange, according to a court filing dated Sept. 14.

The SEC in its court filing noted that Binance.USs holding company called BAM has produced only 220 documents during the discovery process. Many of the submitted documents under the Consent Order consist of unintelligible screenshots and documents without dates or signatures.

SEC added that BAM has refused to produce essential witnesses for deposition, instead agreeing only to four depositions of witnesses it has unilaterally deemed appropriate and said:

The SEC also raised concerns over Binance.US's use of Ceffu, wallet custody software provided by the global entity Binance Holdings Ltd. The SEC noted that BAM made inconsistent statements about Ceffus and Binances involvement in the wallet and customer funds management.

SEC said that BAM first claimed Ceffu was BAMs wallet custody software and services provider but later stated that Binance was BAMs wallet custody software provider. The regulators raised concern that the crypto exchange's usage of Ceffu violates a prior agreement meant to prevent funds from being diverted abroad.

Related: Binance plans new round of layoffs amid increased regulatory scrutiny

The SEC filed a lawsuit against Binance on June 5, pressing 13 charges against the crypto exchange including unregistered securities offerings, the Simple Earn and BNB Vault products, and its staking program. The SEC claimed that Binance.com, Binance.US, and BAM Trading should have registered as clearing agencies, broker-dealers, and exchanges, respectively. The unregistered offer and sale of Binance.US' staking-as-a-service programme required BAM Trading to register as a broker-dealer as well.

The latest accusations by the SEC against Binance.US come amid an internal crisis at the exchange. The Binance.US CEO Brian Shorder joined the long list of top Binance executives leaving the firm this year followed by the resignation of the head of legal and the exchanges chief risk officer within days.

Binance.US didnt immediately respond to requests for comments.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: US and China try to crush Binance, SBFs $40M bribe claim: Asia Express

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Binance.US not cooperating with investigation, US SEC says in filing - Cointelegraph

Source: Adobe

In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions.

As per the recent court filing, Magistrate Judge Zia M. Faruqui has designated the hearing for Monday, September 18, at 1:00 PM ET.

The pivotal motions numbered 95 were filed by BAM Management and BAM Trading Services, the legal entity of Binance.US, and 102 by the SEC, respectively.

Motion 95, known as the protective order, aims to secure specific sensitive information filed by Binance's affiliates.

Meanwhile, Motion 102, presented by the SEC, opposes the protective order and seeks permission to file certain documents under seal.

On the scheduled date, Judge Faruqui will listen to arguments from Binance's affiliates and the SEC. The SEC is anticipated to argue against the protective order and request authorization to keep certain documents confidential.

In a joint motion submitted on Monday, Binance Holdings and Binance.US proposed a protective order to govern how sealed documents are treated and disclosed during litigation.

However, the US SEC has a different stance, seeking additional details from Binance.

Binance.US also submitted sealed documents for the proposed order and opposed the SEC's motion to compel, among other requests.

The filing made on September 12, is the latest development in the legal standoff between the SEC and Binance, where Binance.US has called the compel and reply motion by the SEC unreasonable and unduly burdensome.

In the court documents, Binance.US argued that the depositions requested by the SEC are excessive. The defendant's attorneys highlight that the SEC's claims revolve around custody, transfer, and commingling of user assets, for which ample evidence has been provided by staff members with direct knowledge of the matter, including the chief information security officer, Erik Kellogg.

The subsequent day saw the resignation of Brian Shroder, the President and CEO of Binance US. While the reason for his departure was not disclosed, Norman Reed, the Chief Legal Officer, has been appointed interim CEO.

In response to this news, Binance also announced the termination of over 100 employees, constituting approximately one-third of its workforce.

CEO Changpeng Zhao attributed these layoffs to the SEC's actions, accusing the commission of hampering the industry and impeding American jobs and innovation.

"The SEC's aggressive attempts to cripple our industry and the resulting impacts on our business have real-world consequences for American jobs and innovation, and this is an unfortunate example of that."

This legal battle began in June, when Binance was charged by the US Securities and Exchange Commission with 13 charges against Binance.US and its CEO, Changpeng Zhao, for allegedly violating US securities regulations.

These charges encompass offering unregistered securities and failing to restrict US investors from accessing the Binance.com platform.

Binance.US refuted the SEC's allegations of misconduct in non-motion documents, asserting that there is no evidence of commingled funds, control by Binance CEO Changpeng Zhao, or diversion of customer assets.

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Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle Here's What You Need to Know - Cryptonews