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US federal judge upholds SEC's "majority" charges against Binance
A federal judge in the United States upheld most of the SEC's charges against Binance, arguing that the company may have violated anti-fraud rules by offering unregistered investment products. The ruling found that most of the agency's arguments were reasonable and rejected some of Binance's arguments, which were also rejected by other judges, such as the Major Questions Doctrine, which means the SEC does not have the authority to fully regulate the cryptocurrency industry. In addition, the cour...
2024-06-29 17:27:54
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