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A US judge has allowed the SEC to proceed with most of the litigation against Binance

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2024-06-29 02:49:37
A federal judge has dismissed part of the Securities Exchange Commission's (SEC) lawsuit against cryptocurrency trading platform Binance and its founder, CZ. The SEC's initial coin offerings against Binance and ongoing sales of BNB, BNB Vault, pledge services, non-registration, and fraud charges can proceed. The judge granted Binance and CZ's motion to dismiss charges related to secondary market BNB sales and Simple Earn.
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