News with the tag "Binance-SEC Lawsuit"

The U.S. Securities and Exchange Commission (SEC) and Binance have jointly filed a motion to stay proceedings in their case for 60 days. The motion cites the formation of the SEC’s new Crypto Task Force as a significant factor that could influence the resolution of the case. This decision has sparke...

In a bold move, Binance, the world’s largest crypto exchange by trading volume, has filed a motion to dismiss the charges brought against it by the United States Securities and Exchange Commission (SEC), leveraging a recent court ruling in favor of Ripple and XRP. The motion highlights the regulator...

It’s widespread now that Binance, the world’s largest crypto exchange, is facing a similar lawsuit to that of Ripple in the United States. Ripple has been battling with its own since December 2020. How long it would take Binance and its CEO, Changpeng Zhao (CZ), to defend themselves can yet be ascer...