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Binance.US will delist AMP, which was previously listed as a security by the US SEC.

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Block

Time:8/2/2022 2:52:26 AM

[Binance.US will delist AMP, which was previously listed as a security by the US SEC] On August 2, the US Securities and Exchange Commission recently accused AMP of being an insider trading case against a former Coinbase employee and two colleagues. After the security, Binance.US decided to delist AMPToken out of prudence.

In addition, Binance.US also stated that AMP trading may resume on its platform in the future, but pointed out that "we will take relevant measures until the classification around AMP is clearer."

According to previous news on July 22, the U.S. Securities and Exchange Commission (SEC) has listed nine cryptocurrencies on Coinbase, calling them securities. This is included in the complaint that arrested and charged a former Coinbase employee and two others with wire fraud. The nine cryptocurrencies are AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM, each of which has been mentioned in relation to suspected insider trading.

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