The investigation concerns whether Binance has violated federal securities laws.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Binance account holders. Binance holders are encouraged to obtain additional information and assist the investigation.
In February 2023, the U.S. Securities and Exchange Commission reportedly told Binance that its stablecoin Binance USD should have been registered as a security under federal regulations. Then, in March 2023, the Commodity Futures Trading Commission filed a lawsuit against Binance for trading unregistered tokens. According to the complaint, Binance knowingly circumvented regulations by selling unregistered crypto derivatives.
If you are aware of any facts relating to this investigation or are a Binance account holder, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.