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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge dismissed part of the U.S. Securities and Exchange Commission's (SEC) lawsuit against crypto exchange Binance and founder Changpeng Zhao, but allowed other charges, including charges against the holding company for Binance.US, to proceed.In a late Friday order, Judge Amy Berman Jackson, of the District Court for the District of Columbia, ruled that the SEC's charges against Binance for the initial coin offering and ongoing sales for BNB, BNB Vault, staking services, failure to re...

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