Binance US is preparing for a legal showdown against the SEC after Judge Amy Berman Jackson allowed the regulatory lawsuit to proceed while dismissing several key claims.

The exchange, which operates with strict compliance measures and 1:1 reserves for customer assets, criticised the SEC's approach as politically motivated and lacking sufficient regulatory guidance for the crypto industry.

Despite the setback of some claims being upheld, Binance remains confident in its position, asserting that the SEC has not substantiated any wrongdoing during the extensive discovery process.

The court's decision marks a critical juncture in the ongoing conflict between regulators and the crypto sector, highlighting debates over the classification of tokens and regulatory overreach.

The ruling represents both a challenge and validation for Binance in navigating regulatory uncertainties in the US crypto market.