🚀📢 Breaking news! The US District Court for the District of Columbia has given the green light for most of the SEC's lawsuit against Binance and its co-founder to proceed. The SEC accused Binance of mishandling customer funds, misleading investors and regulators, and violating securities regulations. Binance had contested these claims, but Judge Amy Berman Jackson ruled that 10 out of 13 counts will proceed in full. 🏛️👩‍⚖️

The dismissed count relates to sales of BUSD, Binance's defunct stablecoin. A part of a count concerning secondary sales of Binance's native BNB token by parties other than Binance was also dismissed. Interestingly, BNB didn't react to the news and remained flat on the day, trading at $570 at the time of writing. 📈💰

Meanwhile, Ethereum software solutions provider ConsenSys has fired back at the SEC, accusing it of regulatory overreach. The SEC had accused ConsenSys of selling unregistered securities through its MetaMask staking service. The crypto world is certainly heating up, folks! Stay tuned for more updates. 🌐💥