Binance and CEO Changpeng Zhao Filed a Motion to Dismiss SEC Lawsuit

The Chief Executive Officer of Binance and his cryptocurrency exchange have filed a joint motion asking the US SEC to drop its legal action against them.

The Chief Executive Officer of Binance and his cryptocurrency exchange have filed a joint motion asking the US SEC to drop its legal action against them.

Key takeaways: In a legal showdown, a US federal magistrate judge has thwarted the Securities and Exchange Commission’s (SEC) attempt to investigate Binance.US software, urging the regulator to refine its requests. The judge, currently unconvinced, declined the inspection request, indicating…

Key Takeaways The U.S. Securities and Exchange Commission (SEC) has taken legal action against the Stoner Cats NFT project, alleging the sale of unregistered securities. Stoner Cats, an NFT-driven cartoon series project, has faced scrutiny from the regulatory authority, marking…

Binance.US characterizes most of the SEC's requests as "unreasonable" and "unduly burdensome."

SEC's Gary Gensler intends to inform Congress of this on September 12 and is adamant that his organization should be in charge of crypto.

The Ripple Labs lawsuit resulted in a decision that XRP was not a security when marketed to retail investors.

Robinhood, the fintech trading app, is currently assessing the inclusion of tokens that have been identified as unregistered securities.

The asset manager's flagship Bitcoin fund is being changed into a spot ETF, and Grayscale has informed the SEC that it no longer has any legal justification.

Former commission head Jay Clayton expressed his belief that approval would eventually occur after the US SEC delayed decisions.

In its complaint against the US SEC, lawyers for Ripple have argued that the authority hasn't satisfied the prerequisites to ask for an appeal.