How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance

Judges Pierre N. Leval, Denny Chin and Alison J. Nathan applied another court precedent, Morrison v. National Australia Bank, to say that the factors that matter are where the users placed the trades, where they paid for them and where they took on the terms of service – in the case of the plaintiffs in this suit, that’s within various U.S. states.