Case Result

$1B

Securities Fraud, Class Action

2023
Miami, FL

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Case Details

Class action lawsuit against Binance, its founder Changpeng Zhao, and influencers (Jimmy Butler, Ben Armstrong, Graham Stephan) for promoting and selling unregistered securities.

Additional Notes

Alleges Binance was trading cryptocurrencies that are in reality unregistered securities, and that social media influencers paid by Binance promoted these instruments unlawfully.

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