Foreign media: Binance plans to file a motion to dismiss the US SEC lawsuit

BlockBeats news, on January 19, BeInCrypto reported that Binance is about to confront the U.S. Securities and Exchange Commission (SEC) in a court in Washington. The focus of the hearing scheduled for January 19 is Binance's motion to dismiss the lawsuit filed by the SEC in June 2023. The SEC's lawsuit made a series of allegations, including accusations that Binance artificially inflated trading volume, misappropriated customer funds, failed to restrict U.S. customers from using its platform, and misled investors in market monitoring.