Binance Vs SEC: The U.S. Securities and Exchange Commission (SEC) is considering every legal and investigational development as supplemental authority to gain an upper hand in the lawsuit as Binance, Binance.US, and co-founder Changpeng “CZ” Zhao request the court to dismiss the case.
In the last action by the securities regulator SEC, a notice of supplemental authority is filed by the SEC claiming the relevance of the recently revived Williams v. Binance in this case.
SEC Vs Binance: New Supplemental Authority
According to a filing in the court, the SEC submitted a notice of supplemental authority requesting the court to consider in the Williams v. Binance class action in the crucial Binance Holdings lawsuit.
U.S. Court of Appeals for the Second Circuit reversed the dismissed class action against Binance and sent it back to the district court for further proceeding based on the opinion. Notably, the opinion mentioned only seven crypto tokens from various crypto mentioned in the ac
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