🆘 A legal victory for Binance and CZ. The court dismissed some of the SEC's allegations against Binance and Changpeng Zhao 🆘

⚡ The court has partially dismissed the lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance and CZ, although most of the allegations will still be considered. The court approved the exchange's motion to dismiss the regulator's complaints regarding the BNB token secondary sale, the BUSD offering #stablecoin , and the Simple Earn product 🪙👝

⚡However, the SEC's review of charges related to#icoand the platform's subsequent sale of BNB, the $BNB Vault program, failure to register, and failure to comply with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.

⚡The charges against former Binance director #changpengzhao , claiming he violated the Exchange Act as a controller, remain in the case.

$BNB