iBNB

<ul><li>A U.S. federal judge ruled that the SEC’s case against Binance.US will continue in court.</li><li>Binance.US accuses the SEC of “regulation by enforcement” instead of clear crypto guidelines.</li><li>The court dismissed SEC&#39;s claim regarding the secondary sale of Binance&#39;s BNB token as investment contracts.</li></ul>Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is gearing up for a prolonged legal battle with the U.S. Securities and Exchange Commission (SEC). The company has stated that it is fully prepared for the challenges ahead, anticipating a lengthy legal discovery process.The Binance-SEC Legal Combat ContinuesA U.S. federal court ruled that the SEC&#39;s <a href="https://cryptotale.org/judge-zia-faruqui-sets-cooperative-tone-in-binance-us-vs-sec-legal-battle/" rel="noopener noreferrer nofollow">lawsuit</a> against Binance.US will proceed, dealing a blow to the company’s attempt to dismiss the case. Judge Amy Berman Jackson <a href="https://cryptotale.org/court-dismisses-claims-of-secondary-market-sales-of-binance-coin/" rel="noopener noreferrer nofollow">ruled</a> that the SEC&#39;s allegations of securities law violations, involving the sale of unregistered investment products and breaches of anti-fraud provisions, warranted further examination in court. Despite this, Binance.US expressed readiness for the legal confrontation, <a href="https://x.com/BinanceUS/status/1807905912231022593" rel="noopener noreferrer nofollow">stating</a> in an X post“We were prepared for this and look forward to having this case move forward in the judicial process.”<a href="https://cryptotale.org/binance-us-braces-for-extended-legal-battle-with-sec-report/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Binance.US Braces for Extended Legal Battle with SEC: Report

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