SEC drops Binance lawsuit
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Binance Futures listed HYPE, the native token of rival derivatives exchange HyperLiquid, on Friday. HYPE rose by 77.5% over the past 30 days as it made its way into the 15 largest cryptocurrencies by market cap. The Binance listing is a USD-margined perpetual contact that offers up to 75x leverage.
Binance whale activity rises, hinting at potential Bitcoin market moves. Learn what big wallet shifts mean for BTC investors and upcoming price trends.
Binance adds 75x HYPE futures, but token dips 4.5% post-listing. Traders eye airdrop rumours and long-term gains.
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CNBC’s MacKenzie Sigalos reports from Las Vegas, where SEC Commissioner Hester Peirce discussed the surprise dismissal of the agency’s lawsuit against Binance — a major milestone in the Trump administration’s crypto reset.
The SEC has dropped the proceedings against Binance. It is the next major crypto exchange to benefit from the crypto-friendly US exchange rate.
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ABP News on MSNUS SEC Ends Legal Fight Against Binance, Sparks Speculation Of Crypto Policy Shift Under TrumpThe lawsuit stemmed from allegations that Binance had inflated its trading volumes, misused customer funds, and misrepresented its internal compliance mechanisms.
TST’s price plummeted 40% after a whale sold $6-7 million. Social media falsely blames Binance’s CZ for the crash, despite no proof.
Bitcoin was falling further back from its recent record high on Friday even with major regulatory developments for the crypto industry. The Securities and Exchange Commission dismissed its lawsuit against crypto exchange Binance according to a court filing Thursday,