(Bloomberg) -- The bulk of a Securities and Exchange Commission lawsuit against Binance, the world’s largest crypto exchange, and its co-founder Changpeng...
-- The bulk of a Securities and Exchange Commission lawsuit against Binance , the world’s largest crypto exchange, and its co-founder Changpeng “CZ” Zhao can proceed, a US judge ruled.The SEC sued Binance and Zhao a year ago for mishandling customer funds, misleading investors and regulators, and breaking securities rules. The defendants contested the claims and asked for the case to be dismissed.
But a series of SEC lawsuits to enforce its position have failed to settle the question of whether digital tokens are securities. Clarifying legislation from Congress remains pending and the industry accuses the regulator of overreach. LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.
The SEC Amy Berman Jackson Securities And Exchange Commission Gary Gensler Binance Zhao BNB
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bulk of SEC Case Against Binance, Zhao Can Proceed, Judge RulesThe bulk of a Securities and Exchange Commission lawsuit against Binance, the world’s largest crypto exchange, and its co-founder Changpeng “CZ” Zhao can proceed, a US judge ruled.
Read more »
B.C. residents ordered to pay US$110.8M to SEC in offshore stock fraud caseFive B.C. residents were recently issued US$48 million in disgorgement and civil penalties, bringing the total monetary orders to over US$110 million for a widespread offshore stock fraud scheme perpetrated, in part, from Vancouver.
Read more »
Probable measles case in Sioux Lookout may mark the first case in northern Ontario in 2024Measles viruses. 3D illustration showing structure of measles virus with surface glycoprotein spikes heamagglutinin-neuraminidase and fusion protein.
Read more »
Probable measles case in Sioux Lookout may mark the first case in northern Ontario in 2024Measles viruses. 3D illustration showing structure of measles virus with surface glycoprotein spikes heamagglutinin-neuraminidase and fusion protein.
Read more »
Delay murder conspiracy case until murder case finished, B.C. accused asksRichard Charles Reed is awaiting a judge's decision after a murder trial in B.C. Supreme Court.
Read more »
GFL to work with people concerned about new recycling cartsThe company will work case by case with residents who have accessibility challenges.
Read more »