U.S. class action lawsuit against Binance for alleged violations of securities laws has been renewed

Home / U.S. class action lawsuit against Binance for alleged violations of securities laws has been renewed

A U.S. federal appeals court has revived a lawsuit in which investors accused Binance of violating U.S. securities laws.
This lawsuit was dismissed in 2022 and covers 7 tokens: ELF, EOS, FUN, ICX, OMG, QSP and TRX from 2017.

The court said that Binance used Amazon’s servers to host its platform, so is subject to US regulation.

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