News with the tag "Binance vs SEC"

Binance has officially filed a joint notice of supplemental authority in district court, citing the recent discoveries from the US SEC v. Coinbase case. Crypto exchange Coinbase secured partial victory in the lawsuit from the 3rd Circuit Court of Appeals. Meanwhile, BNB price continues to grow with ...

Binance and founder Changpeng “CZ” Zhao have asked the court to dismiss the lawsuit by the US Securities and Exchange Commission (SEC). Binance claims the SEC has failed to show how its complaint satisfies the Howey test, why its complaint against third-party tokens to move ahead, and request for di...

A former senior employee has sued the UK arm of the world’s largest crypto exchange Binance Holdings for whistleblowing. She alleged that a colleague asked for a bribe from a customer for preferential treatment, but she was fired last year after reporting the incident to her managers. Former Employe...

Binance Lawsuit: A district court has granted the U.S. Securities and Exchange Commission’s (SEC) motion to file an omnibus brief in response to the lawsuit dismissal. The motion came in response to requests by Binance, Changpeng Zhao and Binance US to dismiss the amended complaint. The court’s deci...

In the latest development, lawyers representing crypto exchange Binance and its founder Changpeng Zhao (CZ) have filed a motion to dismiss the SEC lawsuit. Last month, the US securities regulator amended the original complaint regarding the “crypto asset securities”, to which Binance responded on Mo...

A Nigerian court has postponed the trial of Binance executive Tigran Gambaryan, who is currently in detention in Nigeria. One hearing was rescheduled after Gambaryan, an American citizen and head of financial crime compliance at Binance, failed to appear because he was ill. Gambaryan has been in jai...

Binance Vs SEC Lawsuit: A district judge has signed key orders in the lawsuit in light of the joint report submitted by the parties and the US SEC’s motion to amend the original complaint. The court has also issued a scheduling order extending the lawsuit to 2026 after the recent ruling in this majo...

Ripple Vs SEC: The long-running lawsuit between crypto leader Ripple and the U.S. Securities and Exchange Commission comes to an end as the court ordered Ripple Labs to pay a $125 million civil penalty. The penalty imposed being significantly less than the $2 billion sought by the government agency ...

In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Binance, Binance.US and co-founder Changpeng Zhao, the SEC has decided to amend its complaint regarding third-party crypto asset securities. In the joint status response filed in the US District Court for ...

Binance’s US-based crypto exchange BinanceUS has requested the court for a major order to grant the exchange relief from last year’s consent order by Judge Jackson. Also, the U.S. SEC has agreed to not oppose the relief sought by Binance.US to comply with the consent order. If given the green light,...