The US court approved the SEC's request to file a consolidated response to motions to dismiss the lawsuit against Binance, Changpeng Zhao, and Binance US, allowing an extension of the limit to 70 pages. Binance accuses the SEC of lacking clear standards for cryptocurrency regulation, while the SEC claims that many token transactions are investment contracts. The response must be filed by December 4.
11/28/2024 1:55:33 PM (GMT+1)
The US court allowed the SEC to file a consolidated response of up to 70 pages in the case against Binance, Changpeng Zhao, and Binance US, with the response expected by December 4 🏦⚖️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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