In a significant ruling, Judge Amy Berman Jackson of the US District Court for the District of Columbia has thrown out a portion of the charges brought against Binance in relation to the sale of its native BNB token on the secondary market. Her decision drew inspiration from the handling of the SEC vs. Ripple case by Judge Analisa Torres, where it was concluded that XRP should not be classified as a security in transactions on the secondary market.
SECs Crypto Control Crumbles as Ripple Ruling Paves the Way for XRPs Potential 1200 Surge
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