A federal judge has denied a motion by third-party Eeon to intervene in the US SEC enforcement action against Binance, citing the law that prohibits the consolidation of a private action with one brought by the SEC without its consent. The judge also referred to previous cases, including US SEC v. Ripple Labs, which prevented private cross-claims, counter-claims, and third-party claims to SEC enforcement actions. Binance and Changpeng "CZ" Zhao opposed Eeon's request to intervene, giving three reasons to the court to deny the motion.
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