With its founder and former CEO currently in prison, Binance could be forgiven for thinking the SEC might cut it some slack. But no, just when Binance thought it dodged the hammer, the SEC has come back swinging–this time with a bigger mallet aimed straight at its token listings.
The Securities Exchange Commission (SEC) focused on Binance’s token listing and trading procedures in its proposed amended complaint against the exchange filed recently. The complaint came into the spotlight a few months after the federal judge presiding over the case granted the regulator’s motion to dismiss, indicating the SEC intends to retaliate in its lawsuit against the crypto exchange.
In the proposed amended complaint, the SEC argues the judge’s concerns about dismissing certain parts of its initial lawsuit–particularly Binance’s Simple Earn product and BNB token sales projects. It also strengthened other allegations that the judge did…
