JUST

2024

April

Terra

<p>After months (if not years!) of fierce battling, the legal fight between Binance and the SEC is coming to an end. For many cryptography experts, this marks a major turning point for the cryptocurrency market.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <div class="entry-content-asset">
   <div class="social-embed-container">
    <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
     <p lang="en" dir="ltr">JUST IN:<br><br>SEC uses the Terra Labs case in a lawsuit against Binance</p>— WhaleFUD (@WhaleFUD) <a href="https://twitter.com/WhaleFUD/status/1742839288637563116?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 4, 2024</a>
    </blockquote>
    <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
   </div>
  </div>
 </div>
</figure>
<h2 id="h-binance-vs-sec-the-ultimate-showdown">Binance vs SEC: The Ultimate Showdown</h2>
<p>Since the start of the feud, speculations have been rife about <strong>who the ultimate winner</strong> will be. Some bet on the cryptocurrency giant, Binance. Others assured victory for the American crypto regulator. Each party seemed to have the upper hand at certain times, both firmly holding their ground.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>Today, we know that the final showdown between the crypto company Binance and the SEC is almost over. After a long road of legal requests and strategic depositions, the two titans are preparing for <strong>the last act</strong>.</p>
<p>The SEC required from crypto exchange platform Binance detailed information about its operations, specifically concerning client asset management and cryptocurrency wallet software. In <a href="https://coinpedia.org/news/the-final-showdown-binance-vs-sec-legal-battle-nearing-conclusion/" target="_blank" rel="noopener noreferrer nofollow">response</a>, Binance provided 300,000 pages of documents. For its part, the crypto exchange asserts that it has fulfilled its <strong>disclosure obligations</strong>.</p>
<div class="affiliate-button"><span class="affiliate-button__link obfuscated-link" data-href="https://www.cointribune.com/newsletters/" data-target="_blank" data-rel="noreferrer noopener">Découvre notre newsletter gratuite</span> <span class="affiliate-button__disclaimer obfuscated-link" data-href="https://www.cointribune.com/en/sponsored-content/" data-target="_blank" data-rel="noreferrer noopener">Ce lien utilise un programme d’affiliation</span>
</div>
<h2 id="h-the-founder-of-crypto-exchange-binance-changpeng-zhao-at-the-heart-of-resolving-the-conflict-with-the-sec">The Founder of Crypto Exchange Binance, Changpeng Zhao, at the Heart of Resolving the Conflict with the SEC</h2>
<p>While waiting for <a href="https://www.cointribune.com/en/the-changpeng-zhao-sentence-postponed-to-april-30-2024/" target="_blank" rel="noopener noreferrer nofollow">his sentencing, postponed to April 30, 2024</a>, Changpeng Zhao, the founder of the crypto company Binance, is <strong>at the center of resolving the legal battle with the SEC</strong>. Indeed, the American crypto regulator has asked him specific questions. The goal: to simplify the current crypto case and reduce research.</p>
<p>Despite tense discussions, CZ has expressed his willingness to address the SEC’s concerns. This dialogue could indicate an improvement in the relationship between the two parties. It also demonstrates a <strong>desire for transparency on the part of Binance</strong>.</p>
<p>The court plans to finish all pre-trial investigation processes and depositions by April. The resolution of the crypto <a href="https://www.cointribune.com/en/binance-vs-sec-regulator-seeks-to-capitalize-on-terra-ruling/" target="_blank" rel="noopener noreferrer nofollow">dispute</a> between Binance and the SEC is thus imminent. Whatever the outcome, it will certainly affect the cryptocurrency market.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://accounts.binance.com/en/register?ref=35547494" target="_blank" rel="noopener noreferrer nofollow">Acheter ses premières cryptos avec la plateforme Binance</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">Ce lien utilise un programme d’affiliation</a>
</div>

Crypto: The end of the Binance VS SEC case is (very) close.

Table of Contents

Cointribune EN

Alte articole publicate pe 25 mar. 2024

VeChain CEO Sunny Lu Headlines Paris Blockchain Week 2024

Coinbase Shares Surge 9% as Bitcoin Approaches $70,000 Mark!

Arbitrum: How profit-taking had this effect on ARB’s price, its holders

Analysts Highlight Raffle Coin (RAFF)’s Potential for a 100X Surge, Attracting Bitcoin (BTC) and ...

Kevin Hart’s NFT Investment Plummets as Market Dips

GameFi Sector Wakes Up with GALA and BEAM Prices Pump

Join our free newsletter for daily crypto updates!