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.

(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.

Binance Co-Founder Changpeng Zhao praises Bhutan's move to include Bitcoin, Ethereum, and BNB in its strategic reserves for economic growth.

Binance faces a legal setback as the US Supreme Court rejects its appeal on a lawsuit over unregistered token sales and investor risks.

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