Singapore Court Rejects Stay for Crypto Class Action
In an unexpected twist, a Singapore court has dealt a substantial setback to Binance, the prominent cryptocurrency exchange platform, by declining to pause a class action initiated by more than 3,000 users. These users allege that Binance, in March 2020, erroneously halted their accounts and clandestinely shifted their digital assets – collectively valued at over US$100 million – to an …