Binance and CZ Seeks Dismissal of SEC’s Amended Complaint

Quick Summary:

Binance and its former CEO, Changpeng "CZ” Zhao, have filed a motion to dismiss the SEC’s amended complaint against them.

The motion, submitted on Nov.4, accuses the SEC of failing to provide clear regulatory standards for the crypto industry.

The crypto exchange has faced numerous legal issues, including a separate case with the Department of Justice (DOJ).

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Market News SEC Binance Lawsuit Changpeng Zhao

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 12:25:32 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23433949

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 32 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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