Troell v. Binance Holdings Limited
- Vargas
- 1:24-cv-07136
- U.S. District Court · Southern District of New York
- 1
In Troell v. Binance, Judge Vargas granted Defendants’ request to seal information about government investigations.
The parties and the public’s access to information filed in the case, particularly information concerning Defendants’ productions in multiple government investigations.
What happened
In Troell v. Binance Holdings Limited, the defendants asked to seal nonpublic and government-sensitive information in two exhibits attached to a joint filing.
The information described the defendants’ productions in connection with multiple government investigations. The court considered the public’s right to access judicial documents and the need to protect sensitive information.
Judge Jeannette A. Vargas granted the sealing request. Plaintiffs must file the sealed documents on the docket and file unredacted versions under seal; the Clerk must terminate ECF No. 119.
The detailed version
- Troell v. Binance Holdings Limited · No. 1:24-cv-07136
- Vargas
- July 21, 2025
What the Court Decided
The court granted Defendants Binance Holdings Limited, doing business as Binance, Binance.com, and Changpeng Zhao’s request to seal certain nonpublic and governmentally sensitive information referenced in and attached as Exhibits A and B to the parties’ joint letter filed July 7, 2025.
Reasoning
The court applied the standard governing access to judicial documents, under which sealing is appropriate when closure is essential to preserve higher values and is narrowly tailored to serve that interest. The court explained that public access to judicial documents is not absolute and must be balanced against competing considerations. It found that the detailed, nonpublic information about the scope of Defendants’ productions in multiple government investigations justified sealing.
Required Filing Actions
The court directed Plaintiffs to file the sealed documents on the docket and to file the unredacted versions under seal. The Clerk of Court was directed to terminate ECF No. 119. Judge Jeannette A. Vargas entered the order on July 21, 2025.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.