Breaking: Binance’s BNB Sales Don’t Qualify As Securities, Judge Dismisses SEC’s Claims

In a big win for Binance and the crypto community, Judge Amy Berman Jackson has dismissed the SEC’s claim that the secondary sales of Binance’s BNB coins qualify as securities under the Howey Test. Judge Jackson cited a similar decision from Judge Analissa Torres in the Ripple case stating that it is essential to weigh The post Breaking: Binance’s BNB Sales Don’t Qualify As Securities, Judge Dismisses SEC’s Claims appeared first on CoinGape .

Source: CoinGape