Binance.US Defeats Some Claims, Other Antitrust Allegations Go To Arbitration
Cryptocurrency exchange Binance.US has beaten claims brought by Sherman in a proposed class action accusing it of working together to suppress Bitcoin's value by misstating its ranking. However, this ruling applies only to some of the claims, and others will be sent to arbitration.
The lawsuit alleged that Binance.US and the digital asset market data website had engaged in antitrust practices that harmed investors who traded in cryptocurrencies.
While Sherman's antitrust claims were dismissed, other allegations against Binance.US will proceed through arbitration. This decision was made on August 27, 2026.