The United States Supreme Court dismissed Binance and Changpeng Zhao’s appeal against a March 2024 decision allowing a class action suit. The Court upheld the 2nd Circuit’s ruling, noting that domestic laws bound the cryptocurrency exchange.

The court’s decision allows a class-action lawsuit to proceed, finding that US securities laws apply despite Binance’s foreign operations.

The U.S. Supreme Court's ruling confirms that Binance must comply with U.S. securities laws, even without a physical office in the country, allowing a key lawsuit to proceed.

(Reuters) - The U.S. Supreme Court turned away on Monday a bid by Binance and founder Changpeng Zhao to avoid a lawsuit by investors who accused the world's largest cryptocurrency exchange of illegally selling unregistered tokens that lost much of their value.

The U.S. Supreme Court refused to consider an appeal by Binance and its founder, Changpeng Zhao, to dismiss a lawsuit accusing the cryptocurrency exchange of selling unregistered tokens. The lawsuit,

Binance Exchange's Changpeng Zhao is positive this year 2025 will be a "Send it Year" for digital currency and the broader market