binance revived investor lawsuit: Binance must face revived investor lawsuit in US over crypto losses
A federal appeals court on Friday revived a lawsuit where investors accused Binance, the world's largest cryptocurrency exchange, of violating US securities laws by selling unregistered tokens that lost much of their value.In a 3-0 decision, the 2nd US Circuit Court of Appeals in Manhattan said investors in the proposed class action plausibly alleged that domestic securities laws applied because their purchases of tokens had become irrevocable in the United States once they paid for them.Elevate Your Tech Prowess with…