SEC Vs Binance: Key Deadline Set for July 29 By Judge Amy Berman Jackson

Coinpedia · 2024-07-10T06:03:02.000Z

The post SEC vs Binance: Key Deadline Set for July 29 by Judge Amy Berman Jackson appeared first on Coinpedia Fintech News The legal saga between the U.S. SEC vs Binance Holdings Limited began when the SEC filed a lawsuit on June 5, 2023, in the District Court for the District of Columbia. The case, overseen by Judge Amy Berman Jackson and referred to Magistrate Judge Zia M. Faruqui, accuses Binance of violations under the Securities Exchange Act, focusing on securities and commodities-related issues only. Recently Binance bagged a major win when Amy Berman Jackson, a U.S. District Judge in the District of Columbia, dismissed several charges brought by the SEC against Binance and its founder, Changpeng Zhao (CZ). The charges dismissed relate to secondary market sales of BNB and the Simple Earn program. However, other charges, including those related to Binance’s initial token offering and ongoing sales, will proceed. Recent Developments On July 9, 2024, a significant scheduling conference was held where Judge Amy Berman Jackson ordered both parties to collaborate and submit a joint proposed schedule by July 29, 2024. This schedule must include deadlines for potential motions to amend the complaint, relief from rulings, and details on the discovery process. Since now the case proceedings and timelines will be set it is anticipated that several motions and orders have been filed under seal, indicating sensitive information. The case continues to move forward with detailed planning and collaboration required from all parties involved. SEC’s Allegations: What Are They Saying? Filed in June 2023, the SEC’s lawsuit accuses Binance and its CEO, Changpeng Zhao, of inflating trading volumes, diverting customer funds, failing to block U.S. customers from its platform, and misleading investors about its market controls. Plus, the SEC alleges that Binance facilitated the trading of unregistered securities, further complicating its legal standing. This ruling comes after Binance recently agreed to pay $4.3 billion to settle charges with the Department of Justice and the Commodity Futures Trading Commission over illegal finance breaches. Similar allegations have been made against other major crypto exchanges such as Coinbase, Kraken, Consensys, and MetaMask, signaling a broad regulatory crackdown on the cryptocurrency industry. Crypto Reaction According to David Barrera, Co-Founder, and CEO, Enumma suggests curiosity about recent developments in the SEC v. Binance case. He speculates that the SEC might take further action by either amending its complaint or seeking relief from the court’s recent ruling on the motion to dismiss. This indicates that the SEC may be looking to adjust its legal strategy in response to the court’s decisions.Ready for a crypto boom! Buckle up, because this ruling could be a game-changer.

SEC 诉币安案：关键截止日期定于 7 月 29 日，由法官 Amy Berman Jackson 撰写，首次出现在 Coinpedia Fintech News 上
美国证券交易委员会与币安控股有限公司之间的法律纠纷始于美国证券交易委员会于 2023 年 6 月 5 日向哥伦比亚特区地方法院提起诉讼。该案由法官艾米·伯曼·杰克逊 (Amy Berman Jackson) 监督，并交由地方法官齐亚·M·法鲁基 (Zia M. Faruqui) 审理，指控币安违反《证券交易法》，仅关注证券和商品相关问题。
最近，美国哥伦比亚特区地方法院法官艾米·伯曼·杰克逊驳回了美国证券交易委员会对币安及其创始人赵长鹏 (CZ) 提出的多项指控，币安获得了重大胜利。驳回的指控与 BNB 的二级市场销售和 Simple Earn 计划有关。但是，其他指控（包括与币安的首次代币发行和持续销售有关的指控）将继续进行。
最近的发展
2024 年 7 月 9 日，举行了一次重要的日程安排会议，法官艾米·伯曼·杰克逊 (Amy Berman Jackson) 命令双方合作并在 2024 年 7 月 29 日之前提交一份联合拟议日程安排。该日程安排必须包括修改投诉的潜在动议的截止日期、裁决的救济以及有关发现过程的细节。
由于现在案件程序和时间表即将确定，预计有几项动议和命令已被密封提交，表明涉及敏感信息。案件将继续推进，需要所有相关方进行详细规划和合作。
SEC 的指控：他们说了什么？
SEC 于 2023 年 6 月提起诉讼，指控币安及其首席执行官赵长鹏夸大交易量、挪用客户资金、未能阻止美国客户使用其平台以及误导投资者了解其市场控制。此外，SEC 还指控币安为未注册证券的交易提供便利，这进一步使其法律地位复杂化。
此前，币安同意支付 43 亿美元与美国司法部和商品期货交易委员会就非法金融违规行为达成和解。
其他主要加密货币交易所（如 Coinbase、Kraken、Consensys 和 MetaMask）也受到了类似的指控，这表明监管机构对加密货币行业进行了广泛的打击。
加密反应
Enumma 联合创始人兼首席执行官 David Barrera 表示，他对 SEC 诉币安案的最新进展感到好奇。他推测 SEC 可能会采取进一步行动，要么修改其申诉，要么寻求法院最近对驳回动议的裁决的救济。这表明 SEC 可能正在考虑根据法院的判决调整其法律策略。为加密货币繁荣做好准备！系好安全带，因为这项裁决可能会改变游戏规则。

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