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What will be the primary reason for the resolution of Binance's case against the SEC by end of 2025?
3
Resolution / Starting Odds
Regulatory clarity • 25%
Legal precedent • 25%
Negotiated settlement • 25%
Dismissal due to procedural issues • 25%
Court documents or official statements from involved parties
Story
Binance and CZ Make Fresh Attempt to Dismiss SEC's Amended Lawsuit
Nov 5, 2024, 10:34 AM
Lawyers for Binance and former CEO Changpeng 'CZ' Zhao have made a fresh attempt to dismiss the U.S. Securities and Exchange Commission's (SEC) amended lawsuit against them. The legal team argues that the SEC lacks clear regulatory standards for crypto assets and criticizes the agency for its vague stance on crypto regulations. They claim the SEC's decision on which crypto transactions to target is arbitrary and that the agency is misinterpreting court rulings. The new motion to dismiss highlights the ongoing tension between Binance and the SEC over the regulatory framework governing cryptocurrency transactions.
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Dismissal of all charges • 25%
Settlement reached • 25%
Partial charges upheld • 25%
All charges upheld • 25%
Settlement reached • 25%
Case dismissed • 25%
Binance found liable • 25%
Other • 25%
All charges dismissed • 25%
Partial dismissal • 25%
Guilty on all charges • 25%
Settlement reached • 25%
SEC wins • 33%
Binance wins • 33%
Case dismissed • 34%
Dismissed • 25%
Settled • 25%
Ruled in favor of SEC • 25%
Ruled in favor of Binance • 25%
Dismissed • 25%
Settlement reached • 25%
Binance found liable • 25%
Ongoing litigation • 25%
Yes • 50%
No • 50%