Binance

Binance Executive Gambaryan’s Arraignment Delayed: Legal Fireworks Unfold in Riveting Twist

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Lagos, Nigeria – A legal battle is ensuing as the arraignment of Binance executive Gambaryan faces delay due to a lawyer’s strategic maneuver. The high-profile case has sparked controversy and drawn attention to the intersection of cryptocurrency and the legal system. Gambaryan, an executive at Binance, one of the world’s leading cryptocurrency exchanges, was scheduled to be arraigned on charges related to financial fraud. However, the arraignment was stalled by the actions of a lawyer representing Gambaryan, raising questions about the fairness and transparency of the judicial process. The lawyer’s maneuver, which led to the … Read more

Binance Faces Legal Showdown as Appeals Court Revives Lawsuit on Violation of US Securities Laws

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New York City, USA – The 2nd US Circuit Court of Appeals in Manhattan has revived a lawsuit against Binance, the leading global cryptocurrency exchange. The lawsuit alleges that Binance violated US securities laws by selling unregistered tokens, resulting in significant financial losses for investors. The court has categorised token purchases in the US under US securities laws, as they cannot be cancelled once bought. However, Binance contends that these claims are outside the jurisdiction of the United States. This legal battle carries high-stakes implications with global ramifications. In a recent unanimous 3-0 decision, the … Read more