BINANCE TO FACE CLASS ACTION AFTER US SUPREME COURT DENIES PETITION FOR REVIEW

Binance to face class action after US Supreme Court denies petition for review. Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education. Binance Australia CEO: Regulations will establish higher standards in crypto. Binance CEO: Putin Is the Most Influential Person in Blockchain. Binance pledges $3M in BNB to Morocco earthquake victims. Binance Charity Foundation Signs Memorandum of Understanding With Ugandan NGO. Binance may have lied to US lawmakers, argue senators: Report. Binance halts onboarding of new UK users. Binance.US unable to find bank partners in the United States: Report. The US Supreme Court denied Binance s appeal, including a 4.3 billion settlement with the U.S. Department of Justice., The U.S. Supreme Court denied Binance and its former CEO Changpeng Zhao s petition to review a lower court ruling that U.S. securities laws apply to the cryptocurrency exchange, The Supreme Court s decision to deny Binance s petition for review means that the class action lawsuit against the company can proceed. Binance will likely face significant legal challenges in the coming months, adds to the mounting legal challenges, allowing a class action lawsuit over unregistered tokens to proceed. By Temitope Olatunji Edited by Marco T. Lanz at Updated, allowing a class action lawsuit to proceed. The decision, The U.S. Supreme Court has denied a petition made by cryptocurrency exchange Binance and its founder Changpeng Zhao. Binance and CZ sought to have the Supreme Court review a lower court decision that found U.S. securities laws apply to the cryptocurrency exchange even if it doesn t officially possess a physical location., as it defends itself against allegations of operating an unregistered securities exchange and selling unregistered securities., allowing a class action lawsuit to proceed. The lawsuit accuses Binance of selling unregistered securities to U.S. investors. Binance and Zhao face a series of legal challenges, The U.S. Supreme Court has denied Binance s petition to appeal, as reported by Reuters, The US Supreme Court Monday denied Binance Holdings Ltd.'s petition for review of a decision allowing a proposed class action to proceed against it for operating an unregistered securities exchange. Binance sought reversal of the US Court of Appeals for the Second Circuit s ruling that US securities laws apply even though the company, The US Supreme Court denied a Binance appeal requesting a review of a lower court ruling that it violated securities laws despite it not being based in the US. Binance to face class action after..