Breaking news!! An important victory for the crypto industry.

Once the market is cleaned up enough, good news will start to come!!

Recently, the U.S. District Court for the District of Columbia ruled against the SEC's accusation that Binance and its CEO Zhao Changpeng sold BNB in ​​the secondary market as securities. This ruling holds that BNB transactions in the secondary market do not constitute securities sales, which is a major positive news for the cryptocurrency industry and may also have an impact on other similar cases (such as Ripple). In this lawsuit, the court pointed out that the SEC lacked sufficient evidence for some of its allegations against Binance, and therefore rejected some of its claims.

This ruling emphasizes that transactions in the secondary market should not be simply identified as securities transactions. It is worth noting that this ruling may have a far-reaching impact on the SEC's lawsuits against other cryptocurrency companies, such as Coinbase. Although the market price has not yet reflected this, this ruling has been seen as an important victory for the entire crypto industry. $BTC $ETH $BNB