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Binance Moves to Dismiss SEC Lawsuit, Arguing Regulator Hasn’t Met Legal Requirements to Sue

By: ZippyB

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Binance and Zhao, more commonly known as “CZ,” filed a reply to the SEC alongside Binance.US, which submitted its own separate but similar filing arguing that the SEC did not show that the exchanges’ U.S. customers had any contracts that would meet the definition of an “investment contract,” or that other elements of the Supreme Court case were met.



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