Binance Tries Again to Move Securities Case Out of US Courts

Binance seeks to dismiss $1.76B FTX lawsuit, blames SBF for collapse – MAXBIT

Binance is pushing to dismiss a $1.76 billion lawsuit filed by FTX, claiming the suit wrongly blames Binance and former CEO Changpeng Zhao for a collapse caused by internal fraud. Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect...

Binance Tries Again to Move Securities Case Out of US Courts

This latest development is the latest chapter in a years-long legal saga that reached the Supreme Court, which declined to hear Binance's appeal. Meanwhile, Coinbase is under investigation by the US Department of Justice after a data breach involving bribed customer support agents led to estimated u...

Binance wants arbitration for all members of securities class suit - Invest In Crypto News

Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms. The exchange said in a May 16 filing to a New York federal court that its terms of service, which it claimed the class group agreed to, has a clause that users agree to arbitrate all claims, along with a clause p…

Urgent: Binance Demands Arbitration In Explosive US Crypto Securities Lawsuit

BitcoinWorld Urgent: Binance Demands Arbitration in Explosive US Crypto Securities Lawsuit The legal battles continue for major cryptocurrency exchanges. In a significant development regarding a long-standing Binance lawsuit in the United States, the exchange has formally requested a federal court to refer a class action case to arbitration. This move highlights the exchange’s strategy in defending itself against serious allegations concerning t…

Binance Pushes for Arbitration in Securities Class Action Cases for All Members

Binance Seeks Arbitration for Members in Securities Class Action Lawsuit Cryptocurrency exchange Binance is pushing for arbitration on behalf of its users who are involved in a securities class action lawsuit. The exchange has filed a motion seeking to compel arbitration with the Southern District of New York. The lawsuit alleges that Binance violated federal securities laws by selling cryptocurrency tokens that are considered securities without…