Binance and Zhao, more commonly known as “CZ,” filed a reply to the SEC, alongside Binance.US, which submitted its own separate, but similar, filing arguing that the SEC did not show that the exchanges’ U.S. customers had any contracts that would meet the definition of an “investment contract,” or that other elements of the Supreme…
“We have to decide if there’s a place for a smart wallet, a much cheaper version that an iPhone user could use as a secondary device. We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” he said, saying that this was the magic number to determine the…
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