SEC Places Heavier Scrutiny on Binance's Token Listing, Trading Process in Proposed Amended Complaint

The U.S. Securities and Exchange Commission (SEC) wants to take another whack at its lawsuit against crypto exchange Binance, filing a proposed amended complaint Thursday night a few months after the federal judge overseeing the case allowed most of the regulator's charges to survive a motion to dismiss. The SEC argued its proposed amended complaint addressed some of the judge's concerns in dismissing parts of its initial lawsuit – namely around ongoing BNB sales and Binance's Simple Earn product – and bolstered other charges that the judge did not fully...