Binance Ruling Spotlights Muddled Post-Morrison Landscape

By Andrew Rhys Davies and Jessica Lewis (April 19, 2024, 4:03 PM EDT) -- The March decision in Williams v. Binance from the U.S. Court of Appeals for the Second Circuit[1] marks the latest chapter in the judiciary's struggle to apply the U.S. Supreme Court's 2010 decision in Morrison v. National Australia Bank Ltd. to nontraditional transactions or nontraditional assets — in this case, digital assets....

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