❗️SEC vs Binance - main abstracts from the hearings!
The judge (Berman Jackson) is skeptical about the claims that the #BUSD stablecoin was an "investment contract".
The judge is closer to the point of view, which claims that the #BNB token is an investment contract.
The judge rejected the idea of mini-trials for 10 other tokens that appear in the case.
▪️Filecoin #FIL was also mentioned at the hearing (from the list)
The lawyers of Binance did not prove that cryptocurrencies cannot be "investment contracts."
