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LEGAL NEWSLINE

Thursday, May 9, 2024

Binance

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  • Investor Choice Advocates Network files amicus brief supporting Binance's motion to dismiss SEC lawsuit

    By Legal Newsline |
    Investor Choice Advocates Network (ICAN), a nonprofit public interest litigation organization, filed an amicus brief on Sept. 28 in support of Binance's motion to dismiss the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC). ICAN said it filed the brief due to concerns that the SEC's "ambiguous and expansive" application of existing securities laws could negatively impact investors and individuals wishing to participate in the digital asset industry.