The SEC has decided to amend its complaint against Binance, withdrawing allegations that several tokens, including Solana (SOL), Polygon (MATIC), and Cardano (ADA), are securities. The crypto industry has reacted…
Browsing: Binance Lawsuit
Binance and CZ dispute SEC’s claim, saying SEC hasn’t proven an “investment contract” under the Howey Test. Binance argues its settlements with regulatory bodies don’t implicate securities laws, challenging the…
The SEC keeps investigating Binance for possible control of customer assets, while Binance.US disputes the allegations in court. Binance and its founder pleaded guilty to AML violations in a $4.3…
Binance and its CEO, Changpeng Zhao, face a class-action lawsuit, accused of using strategic moves to negatively impact competitor FTX and its financial standing. The lawsuit suggests that Zhao used…
Magistrate Judge Zia Faruqui has denied the SEC’s request for immediate access to Binance.US’s software. Binance.US trading volume plunged to $5.09 million, down from $230 million in September 2022 due…
eToro limits its support for certain SEC-classified security tokens, excluding XRP and others. Users in the U S will no longer be able to initiate new positions in Algorand, Decentraland,…
According to Gary Gensler, the SEC chair, the agency considers “everything other than Bitcoin” as security within its jurisdiction. In a tweet, Cardano said it holds a differing perspective regarding…