Crypto Gloom

US appeals court overturns lower court ruling in favor of Binance

A U.S. appeals court overturned a lower court’s ruling that dismissed claims for damages brought by U.S.-based users against Binance. The aggrieved user will once again attempt to prove that his claims do not constitute an “impermissible extraterritorial application” of U.S. securities laws. U.S. appeals court rules on ‘impermissible extraterritorial application’ of securities laws (…)