Binance US is delisting crypto token $AMP after the SEC says it's a security. cryptocurrency
Binance US Delists Crypto Token 'out of an Abundance of Caution' After SEC Says It's a Security
“Out of an abundance of caution, we have decided to delist the AMP token from Binance.US, effective August 15, 2022,” the crypto exchange announced Monday. The exchange clarified that it is taking this step until more clarity exists around the classification of the cryptocurrency, adding that the coin could resume trading at some point in the future.
Following the lawsuit against its former employee, Coinbase published a blog post stating that it does not list any securities. The exchange’s chief legal officer, Paul Grewal,
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Binance US will delist AMP following SEC claim token is a securityBinance.US will close deposits of AMP and remove the AMP/USD trading pair on Aug. 15 after the token's mention in a complaint from the SEC.
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