SEC Drops Lawsuit Against Binance After Trump-Backed USD1 Stablecoin Launches On Crypto Exchange
Topline
The Securities and Exchange Commission dropped a lawsuit against Binance on Thursday, days after the crypto exchange began listing a stablecoin created by World Liberty Financial, one of President Donald Trump’s blockchain ventures.
President Donald Trump delivers remarks during the swearing-in ceremony for Securities and Exchange … More
Key Facts
Trump and his family control about 60% of World Liberty Financial through an LLC, and he is listed as both the decentralized finance platform’s chief crypto advocate and inspiration, according to its website.
