Binance must face bulk of US SEC crypto lawsuit, judge rules

- A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and Exchange Commission against Binance, the world's largest cryptocurrency exchange, can proceed.

The SEC's suit filed against Binance in June 2023 accused the exchange and Zhao of artificially inflating its trading volumes, diverting customer funds, failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls.The ruling adds to the exchange's woes after Binance agreed in November to pay $4.3 billion to settle with the Department of Justice and the Commodity Futures Trading Commission over illicit finance breaches.

This Florida woman used lifetime warranties to cheaply maintain her car for 43 years. Here’s how you can do the same -- The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC vs Binance update – Judge dismisses parts of the SEC’s claimsThe long-standing legal battle between cryptocurrency exchange Binance and the U.S. Securities and Exchange Commission (SEC) appears...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Segantii Case Will Move to District Court, Hong Kong Judge RulesSegantii Capital Management’s insider trading case will move to a District Court that can hand out longer prison sentences of as many as seven years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Segantii Case Will Move to District Court, Hong Kong Judge Rules(Bloomberg) -- Segantii Capital Management’s insider trading case will move to a District Court that can hand out longer prison sentences of as many as seven...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »