Crypto exchange Binance wins dismissal of US lawsuit alleging digital token sales broke US securities laws

//Crypto exchange Binance wins dismissal of US lawsuit alleging digital token sales broke US securities laws

Crypto exchange Binance wins dismissal of US lawsuit alleging digital token sales broke US securities laws

A federal judge on Thursday dismissed a lawsuit accusing Binance, the world’s largest cryptocurrency exchange by trading volume, of violating US securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer. The lawsuit had been brought in Manhattan by digital token investors who had bought nine tokens – EOS, QSP, KNC, TRX, FUN, ICX, OMG, LEND and ELF – through Binance’s online exchange starting in 2017, and which soon lost much of their value. In a 327…

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By | 2022-04-01T08:30:13+00:00 April 1st, 2022|Technology|Comments Off on Crypto exchange Binance wins dismissal of US lawsuit alleging digital token sales broke US securities laws