NBA All-Star Jimmy Butler seeks dismissal from Binance lawsuit

NBA All-Star Jimmy Butler seeks dismissal from Binance lawsuit



Miami Heat all-star Jimmy Butler has requested to be excluded from a class-action lawsuit against Binance, asserting that his promotional tweets did not endorse the securities in question. His legal team has presented three promotional tweets from February 2 to 13, 2022, arguing that these tweets did not mention the alleged unregistered securities.



Butler's legal representatives argue that his tweets were not meant to promote any specific investment; instead, they were intended to be cautionary, encouraging potential Binance customers to conduct thorough research before making any crypto investments.



This aspect is crucial to Butler's defense, differentiating his communications from typical celebrity endorsements. His association with Binance started in 2022 when he, as an NBA All-Star player with the Miami Heat, participated in


Read more about NBA All-Star Jimmy Butler seeks dismissal from Binance lawsuit


#Adoption, #Binance, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #JimmyButler, #NBA, #Regulations

Comments

Popular posts from this blog

Polygon Labs Secures ISO 27001 Certification, Enhancing Blockchain Security Standards

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level