SEC vs Binance update – Judge dismisses parts of the SEC’s claims

Quick Summary:

Binance is still struggling to shrug the SEC off its back owing to the ongoing lawsuit.

Securities and Exchange Commission (SEC) appears to be edging towards a conclusion.

It ruled that the secondary sales of Binance’s BNB coins do not qualify as securities under the Howey Test.

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United States

Topics: News 1 Binance News Trading View Ripple Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-29 @ 08:30:54 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21414901

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #103

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