The post Understanding SEC’s Decision to Exclude XRP as a Security in Binance Lawsuit appeared first on Coinpedia Fintech News
On Monday, the U.S. Securities and Exchange Commission (SEC) initiated legal action against Binance and its CEO, Changpeng Zhao, alleging that Binance operated an exchange without proper registration and redirected investors’ funds to a trading entity under Zhao’s control. As per the lawsuit, the SEC identified 10 additional tokens that it considered to be in …