Binance and founder Changpeng “CZ” Zhao have asked the court to dismiss the lawsuit by the US Securities and Exchange Commission (SEC). Binance claims the SEC has failed to show how its complaint satisfies the Howey test, why its complaint against third-party tokens to move ahead, and request for disgorgement should proceed to discovery.
Binance And Changpeng “CZ” Zhao File To Dismiss US SEC Lawsuit: Court
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