Potential legal action against Robinhood should be viewed as a continued attempt by the SEC to reinforce its stance that all crypto tokens other than bitcoin and ether should be classified as securities, the report said.
Zhao is the Canadian founder of Binance, the main rival of FTX back in 2022 which was helmed by Democrat donor, darling and moral altruist Sam Bankman-Fried....
The blockchain firm’s native token debuted Monday with strong activity on Binance and Korean exchanges, following a $18 million Series A raise in September....