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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

By Nikhilesh De|Edited by Sam Reynolds

Updated Jun 29, 2024, 2:40 a.m. Published Jun 29, 2024, 2:37 a.m.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)