Federal Judge to Review Ruling in SEC's Case Against Binance Following Attorneys' Interpretation
Attorneys for Binance have requested a review of a federal judge's ruling in the SEC's case against the exchange. The case accuses Binance of offering and selling unregistered securities, failing to register as a broker, clearing agency or exchange, and commingling customer funds. The status of specific claims about 10 tokens discussed during a recent hearing is unclear, and it remains to be seen how this will affect the case. Meanwhile, a judge has set a deadline of July 29 for a proposed schedule for the next steps in a case related to stablecoins and secondary crypto transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin could hit $100K ‘within weeks:’ Galaxy
Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays
There’s a $450 billion behemoth forging BTC’s path to $100k
The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold
Dynamic Music Data NFTs are redefining artist-fan relationships: Here’s how
Trending news
MoreCrypto prices
More
