The U.S. Securities and Exchange Commission (SEC) and Binance engaged in oral arguments before a federal judge in Washington, D.C. regarding the SEC's lawsuit against Binance. Judge Amy Berman Jackson seemed skeptical of Binance's defense, focusing on whether an investment contract requires a contract and the nature of the 'scheme.' The hearing lasted for four hours, during which Judge Jackson expressed frustration with Binance's team. Additionally, Binance founder CZ's request to travel to the UAE was denied by the judge despite offering $4.5 billion in Binance equity as security.
Will a judge dismiss the SEC's case against Coinbase? Experts have differing views. https://t.co/dXKr7QUh3m
Convicted Binance founder Zhao denied permission to travel to UAE, @Adam_Lucente reports https://t.co/NfWXydGudd
🔸 Judge Blocks CZ Travel to UAE, Despite Offer to Use $4.5B Binance Equity as Security According to a court filing this week, Zhao's lawyers requested in December 2023 that he be allowed to travel to the UAE, so that he could be present for the "hospitalization and surgery" of…
A federal judge last month rejected a request by Binance founder CZ to travel to the UAE. Zhao had offered to post his $4.5 billion in Binance equity as security for his return to the U.S., a new criminal court filing reveals. The valuation of his shares was based on Binance’s…
Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security https://t.co/HwJcZLRYRT
Is a crypto token itself a security? Apparent contradictions in the SEC’s arguments in the Coinbase and Binance lawsuits expose mounting legal troubles for the regulator, experts say: https://t.co/XhN5sTR7jD
ICYMI: Binance and SEC face off in court with detailed questioning from judge https://t.co/P8tXILBJU0
During a four-hour hearing, Binance and the SEC held oral arguments in Washington District Court. Judge Amy Berman Jackson appeared to grow frustrated with Binance’s team, at one point asking them to stop repeating their argument that investment contracts can only exist with an…
A federal judge pressed the SEC on its stance on cryptocurrencies in the regulator’s high-profile case against Binance https://t.co/gSZajLi537
Binance, SEC face off over regulator's crypto oversight https://t.co/6ba2wVQf4V https://t.co/ihyz2YD2TM
Binance and SEC face off in court with detailed questioning from judge https://t.co/PAF2LbiHJf
On Monday, the district court in Washington, D.C. heard arguments revolving around @Binance’s motion to dismiss the SEC’s case against it. @the_postman_ reports https://t.co/HxELmscUox
SEC goes back to court in Binance case to argue that cryptocurrencies are securities https://t.co/nmGN8PqC8k
The highly anticipated hearing of the SEC’s lawsuit against Binance occurred today in Washington, as the trial revealed several challenges for the leading exchange https://t.co/EnxVWc2R7g
Binance kicks off oral arguments in push to end SEC lawsuit A federal judge in Washington pressed lawyers for Binance to defend its request that she dismiss a high-profile case brought against it by the U.S. Securities and Exchange Commission (SEC). https://t.co/p5zOzBIVvN
SEC v. @Binance hearing, Update I Judge Berman Jackson has dispensed with the prepared arguments and gone straight to questions. She started with the defense team. -She seemed skeptical that an investment contract actually requires a contract. -She focused on the "scheme"…
Binance kicks off oral arguments in push to end SEC lawsuit https://t.co/56YO2nCFfa https://t.co/rK1J72z8vw
⚠️ BINANCE KICKS OFF ORAL ARGUMENTS IN PUSH TO END SEC LAWSUIT (Reuters) The world's largest crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) kicked off their oral arguments before a federal judge in Washington, D.C., on Monday, in a high-profile… https://t.co/lOBJtEmdFn
SEC v Binance et al motion to dismiss hearing starting now in DC Judge Jackson is starting with the defense. First few minutes she already seems skeptical (much more so than Coinbase's judge) that Binance has a leg to stand on re: investment contracts