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2023-12-13 05:38:57

Binance and CZ Counter SEC’s ‘Howey Test’ Failure in Legal Battle

The post Binance and CZ Counter SEC’s ‘Howey Test’ Failure in Legal Battle appeared first on Coinpedia Fintech News In a legal tango with the regulators, Binance is asserting that a prior $56 million settlement with the DOJ and FinCEN doesn’t relate to the SEC’s allegations against it. Despite badly in the legal scoop, they’re defending against SEC charges claiming they unlawfully offered unregistered securities to U.S. investors. In a last straw, Binance argued …

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