Home > Quick > Body

A US judge has rejected the SEC's claim that BNB tokens are securities

clock
2024-08-29 13:58:43
According to Fox Business reporter Eleanor Terrett, U.S. District Judge Amy Berman Jackson has just rejected the SEC's claim that the secondary sale of Binance's BNB tokens meets the security criteria under the Howie test, citing Ripple's judge Analisa Torres that the economic realities of token trading are important when applying the Howie test.
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.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.