🚨 Crypto News Flash: Binance and CZ Zhao Push Back Against SEC 🚨

- Binance and former CEO Changpeng "CZ" Zhao have filed a motion to dismiss the SEC's amended complaint, arguing it lacks clarity on what constitutes a securities transaction in the crypto world.

- The filing criticizes the SEC for not providing clear guidelines, claiming it arbitrarily decides which crypto transactions are investment contracts.

- This legal battle follows Binance's recent $4.3 billion fine for violations, with Zhao having served four months in prison.

💬 What are your thoughts on the SEC's approach to crypto regulation? Share in the comments!