Ahead of COP30, Ying-Peng Chin and Matthew Townsend of A&O Shearman discuss how nationally determined contributions can impact the business environment
25 OCT 2025In Lee et al. v Binance, No. 22-972, 2024 U.S. App. LEXIS 5616, 96 F.4th 129 (2d Cir. March 8, 2024), the US Court of Appeals for the Second Circuit reversed the district court’s dismissal of securities fraud class action claims against Binance, an international cryptoasset platform. The Court of Appeals held that purchasers plausibly alleged that transactions on the exchange which disclaimed having any physical location were domestic, thereby potentially subjecting Binance to US securities laws.
30 SEP 2024