📢📢Good news! John Reed Stark, former director of the Internet Enforcement Office of the US SEC, recently published an article on the X platform, interpreting the US judge's dismissal of the SEC's allegations against Binance BNB secondary sales and Simple Earn. 🔍🔍

Stark pointed out that the judge only asked the SEC to prove that people who bought Binance products were "investors" who bought Binance products because they hoped that the price would rise, rather than "customers" who bought Binance products because the products provided some kind of utility (such as trading discounts). 👨‍⚖️👨‍⚖️

He also mentioned that if a digital asset security is somehow transformed into a utility tool rather than an investment speculation tool, then it is "no longer a security." This view has important implications for our understanding of the nature of digital assets, especially Bitcoin. 💡💡

However, Stark does not think that this decision is any good for Binance, any positive impact on the digital asset industry, or any benefit to digital asset investors. Whether this decision will have a profound impact on Binance and the entire digital asset industry, we will wait and see. 👀👀