TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC case
Sun expressed support for CZ while Hoskinson warned of wider regulatory action.
FTX also complained that Genesis excluded it from discussions of its recovery plan.
The filing relates to a case initiated by CoinCenter in October 2022.
The new products are targeted at institutional traders with an increasing appetite for exposure to the crypto industry.
Silvergate has ten days to submit its plan, plus ten days to enact it after approval.
New facts and evidence could counter Musk's previous attempts to dismiss the case.
Canadian regulators wanted CAD 100 million in third-party escrow and limits on token choice, rendering Binance's business model unfeasible.