Loading...
Binance, once dominant in crypto trading, is now facing a challenge from other platforms, raising questions about market dynamics. The SEC has filed a strong opposition to Binance's motion to dismiss its lawsuit, asserting authority over crypto exchanges and criticizing Binance's interpretation of securities laws. Binance's arguments for dismissal were deemed to lack a basis in law or precedent by the SEC. The agency also accused Binance of ignoring most allegations in the lawsuit and deliberately not complying with securities laws.
SEC responds to Binance motion to dismiss securities violation suit https://t.co/mLCEGmOspv
A look at the SEC rebuttal of Binance’s motion to dismiss https://t.co/nmmqXTXWdk
The U.S. Securities and Exchange Commission (SEC) said that Binance's attempts to dismiss the lawsuit against it are invalid https://t.co/7pCN5FdBu8
The SEC filed a biting response to Binance’s bid to throw out the regulator’s suit, claiming the exchange “tortured” its interpretation of securities laws and deliberately never complied with them. https://t.co/2BXErUG9WY
.@Binance’s attempt to dismiss the SEC’s lawsuit against it ignored most of the allegations contained in that lawsuit, the agency said in a snarky motion filed Tuesday, reports @aleks_gilbert https://t.co/8QrGn4XeQw https://t.co/8QrGn4XeQw
Binance's arguments for dismissing an SEC lawsuit don't have a real basis in law or precedent, the regulator said in its own filing on Wednesday. @nikhileshde reports https://t.co/N6teBih1PM
The SEC filed their opposition to Binance’s motion to dismiss. Once more, the SEC asserts that a virtually unlimited “flexibility of the securities laws” grants it complete authority over crypto exchanges. That misrepresents the law; let’s explore why. 1/7 https://t.co/nGYRYn2ypG
#Binance #BinanceUS New filing in the SEC v Binance case: SEC motion in opposition to Binance's motion to dismiss. It's 90 pages so I am not going through it tonight. I'll scan it for anything really new but otherwise it'll wait till tomorrow. Here's the table of contents: https://t.co/L3x4t98MxA
Binance used to be the go-to for crypto trading, but it’s now sharing more of the market. A sign of healthy competition or a change in trader preferences? https://t.co/4nvrIzZGtL