Binance.US Beats Some Claims in Cryptocurrency Ranking Antitrust Suit

Binance.US has successfully defeated Sherman claims in a proposed class action accusing the cryptocurrency exchange of working together with a digital asset market data website to suppress the value of a cryptocurrency by misstating its ranking.

The claims, which were filed on August 27, 2026, alleged that Binance.US and the data website conspired to artificially deflate the ranking of a specific cryptocurrency, causing harm to investors who relied on the rankings to make investment decisions.

However, according to a recent court ruling, Binance.US has been able to beat some of the antitrust claims, with the remaining claims being sent to arbitration. The arbitration process will allow both parties to present their case outside of the traditional courtroom setting.