A federal judge in Washington, D.C. questions Binance’s request for dismissal in a high-profile case brought against it by the SEC. Binance is asking the judge to toss out the lawsuit alleging rule-breaking and fraud. This lawsuit is one of Binance’s final legal challenges in the U.S.
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, asking the court to force him to testify in its investigation into his takeover of Twitter. This is the third time the SEC has taken Musk to court. While Musk has defied the court before, legal experts suggest that the SEC has a strong case this time. If Musk continues to defy the court, he could face fines or even jail time.