#SECCrypto2.0 The SEC filed a lawsuit against Binance in June 2023, accusing it of violating U.S. securities laws, mishandling customer funds, and misleading regulators. This was followed by Binance pleading guilty to federal charges and agreeing to pay a $4.3 billion fine in November 2023. However, Binance was allowed to continue U.S. operations under a court agreement.
In a shift in regulatory strategy, the SEC dropped its case against Ripple Labs (XRP), signaling a potential easing in its approach to crypto regulation. This marks a broader change in the SEC's stance on crypto enforcement.
For more info:
🔗 AP News
🔗 Wired
In a shift in regulatory strategy, the SEC dropped its case against Ripple Labs (XRP), signaling a potential easing in its approach to crypto regulation. This marks a broader change in the SEC's stance on crypto enforcement.
For more info:
🔗 AP News
🔗 Wired