Big news!! Just saw this, this is the real good news, although it has not yet been reflected in the price, but it is a near-decisive victory for the industry. Today, the U.S. District Court for the District of Columbia ruled that the SEC denied @binance

’s $BNB secondary market sales as securities, and the case can also be applied to Ripple. In layman’s terms, it’s a #BNB金鏟子 increase!

Sales in the secondary market are no longer defined as securities, and Judge Torres’s view in the Ripple case that $XRP sold on exchanges is not a securities behavior is also recognized again. PS: Ripple still did not win the lawsuit against the SEC, but only dismissed part of the lawsuit. Secondly, the SEC’s lawsuit that BUSD is a security and the claim for compensation were also dismissed, and the claim for simple money earning was also dismissed.

The good thing about this ruling is that the sale of tokens in the secondary market, including exchanges, is likely to no longer be regarded as securities, but may be regarded as an investment contract. File: 23-cv-01599-ABJ-ZMF