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706. Binance US Delists $AMP | Mass Token Delisting's Incoming???

706. Binance US Delists $AMP | Mass Token Delisting's Incoming???
Aug 2, 2022 · 35m 36s

Binance.US has decided to delist the AMP token “out of an abundance of caution” after the SEC recently alleged AMP was a security in its insider trading case against an...

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Binance.US has decided to delist the AMP token “out of an abundance of caution” after the SEC recently alleged AMP was a security in its insider trading case against an ex-Coinbase employee and two associates, according to a Binance company blog post on Monday. Binance.US said the trading of AMP may resume in the future on its platform, but noted that “we are taking this step now until more clarity exists around the classification of AMP.” With 25 other tokens potentially hinted at being securities by the SEC, are we about to see mass delisting's of tokens across various U.S. exchanges?
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Author Rever Networks
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