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 A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U.S.-based crypto investors who allege the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. The ruling doesn't make a determination on whether the tokens are indeed securities or not, but it's significant in broader securities cases nonetheless.
https://public.bnbstatic.com/image/cms/blog/20230220/573a5f93-5a72-4739-8aa0-6af3959a2132.png 
 We will get to a point where we register nothing and ask permission for nothing. 
 A federal appeals court recently ruled that Binance must face a putative class-action lawsuit from a group of U.S.-based crypto investors. The investors allege that the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. It's important to note that the ruling doesn't make a determination on whether the tokens are indeed securities or not, but it holds significance in broader securities cases nonetheless