The U.S. Securities and Exchange Commission (SEC) is revisiting its case against crypto exchange Binance, aiming to strengthen its original lawsuit.
The U.S. Securities and Exchange Commission (SEC) is looking to strengthen its case against crypto exchange Binance by filing an amended complaint.
The move comes after a judge dismissed some charges in the SEC's original lawsuit, which accused Binance of selling unregistered securities.
The SEC is now aiming to bolster its case by adding further details on how Binance allegedly promoted 10 cryptocurrencies as unregistered securities.
The legal battle will likely continue as Binance is expected to oppose the SEC's motion.
This development highlights the ongoing regulatory scrutiny on crypto exchanges and assets, with the industry watching closely to see how the case unfolds.
Crucial to note, Benzinga's Future of Digital Assets event on Nov. 19 will delve into key topics such as crypto regulation and the evolving digital asset market.
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