The SEC seeks to dismiss a lawsuit filed on March 25 by US apparel company Beba and DeFi Education Fund (DEF), which asks a Waco District Court judge to rule that the eponymous token issued by Beba is not a security. However, the SEC argues that the lawsuit is premature and is predicated on a (phantom) policy that does not currently exist.
Beba's lawsuit claims that the SEC will find BEBA tokens to be securities and will sue the company because it "adopted a de facto rule without notice or comment that the'vast majority 'of digital assets are securities," citing Chairperson Gary Gensler's 2022 remarks.
The SEC seeks to dismiss lawsuits by clothing companies Beba and DEF over their ruling that the tokens they issued were not securities
2024-07-04 06:26:29
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
SEC寻求驳回服装公司Beba和DEF有关裁定其发行代币不属于证券的诉讼Next article：
Opera Mini的加密钱包MiniPay现提供USDT和USDC
