U.S

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

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Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

According to the filing, Congress has evaluated numerous proposals since 2019 to establish a structured and practical framework for crypto assets and their trading platforms. Importantly, none of these proposals aimed to grant exclusive regulatory jurisdiction to the SEC over the cryptocurrency industry. Despite this, the SEC has filed a lawsuit seeking to extend its … Read more

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

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U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more