Binance Files Motion to Dismiss US SEC Complaint Over Crypto Asset Standards

Binance and its ex-CEO, Changpeng Zhao, submitted a motion on Monday requesting the SEC’s amended complaint be dismissed. The filing pointed out that the SEC’s case lacks a “coherent legal basis” and does not offer a clear guideline on which crypto-related transactions shall be classified as securities. According to the legal team of Binance, the position of […] The post Binance Files Motion... source: https://www.thecoinrepublic.com/2024/11/05/binance-files-motion-to-dismiss-us-sec-complaint-over-crypto-asset-standards/