Attorneys for defendants Binance, Binance.US, and co-founder Changpeng “CZ” Zhao have strongly denied the U.S. Securities and Exchange Commission (SEC)’s claims about the relevance of the Terra lawsuit’s summary judgment and findings in this case. They added that the SEC is attempting to contort Terraform lawsuits of 2021 and 2023 to make implausible arguments.
Binance Response to SEC’s Terra Supplemental Authority
In the latest development in the US SEC v. Binance Holdings lawsuit, defendants have filed a joint response to the U.S. SEC’s notice of supplemental authority. The SEC directed the court’s attention to orders in the Terraform lawsuit that parties violated securities laws and digital assets mentioned are securities under Howey Test.
“None of the points raised in the SEC Notice about Terraform II save its claims in this action any more than the SEC’s arguments based on SEC v. Terraform Labs Pte. Ltd,” as per the filing. Also, even if the SEC’s position we
We współpracy z: https://coingape.com/binance-files-joint-response-to-us-secs-terra-lawsuit-supplemental-authority/
