🚀Binance, the crypto behemoth, got a bit of a legal smackdown from a U.S. court, refusing to dismiss several SEC claims. The judge says Binance should've registered under the Exchange Act. But hey, it's not all bad news! Claims about secondary market sales of BNB and Binance USD transactions got the boot.👋

👨‍⚖️The court's also giving a side-eye to Binance's staking program, initial BNB offering, anti-fraud violations, and the idea that former CEO CZ was a "control person". A hearing for Binance's "Simple Earn" feature is set for July 9.📆

🔍Despite the legal hiccups, Binance is still the king of the crypto jungle with 200M+ users and $100B+ in assets. This case highlights the regulatory scrutiny in the crypto world, especially around securities laws and operational licensing in the U.S.🇺🇸

🎤Your thoughts on this? Is Binance in hot water or just a temporary setback? Let's chat in the comments! #DeFi #Web3 #CryptoNews

P.S. If you've got a crypto press release, send it to sales@cryptointelligence.co.uk. Who knows, it might be the next big news!📰👀