Crypto exchange Binance wins dismissal of US lawsuit alleging digital token sales broke US securities laws

Source: Tech – South China Morning PostA federal judge on Thursday dismissed a lawsuit accusing Binance, the world’s largest cryptocurrency exchange by trading volume, of violating US securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer. The lawsuit had been brought in Manhattan by digital token investors who had bought nine tokens – EOS, QSP, KNC, TRX, FUN, ICX, OMG, LEND and ELF – through Binance’s online exchange starting in 2017, and which soon lost much of their value. In a 327…Read More

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