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A U.S. judge has rejected the U.S. SEC's claim that BNB tokens are securities

A U.S. judge has rejected the U.S. SEC's claim that BNB tokens are securities

Bitget2024/08/29 14:20

According to Fox Business reporter Eleanor Terrett, U.S. District Judge Amy Berman Jackson has just rejected the U.S. SEC's claim that the secondary sale of Coin's BNB tokens qualifies as a security under the Howey test, citing Ripple's Judge Analisa Torres' view that the economic realities of trading in tokens matter when applying the Howey test, quoting Ripple judge Analisa Torres, who said that the economic reality of the token transaction matters when applying the Howey test.

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