, the U.S. Federal Court of Appeal reopened a lawsuit on Friday local time. Investors accused Binance of violating U.S. securities laws by selling unregistered tokens, causing their value to shrink significantly. In a 3-0 ruling, the U.S. Court of Appeals for the Second Circuit said the proposed class action was covered by U.S. securities laws because the tokens they purchased became irrevocable in the U.S. once they completed their payment on Binance, the appeals court also said , investors can file claims for purchases within one year before the lawsuit, which is reported to cover seven tokens: ELF, EOS, FUN, ICX, OMG, QSP and TRX. These tokens quickly lost most of their value, the lawsuit said. An failed to warn them of the “significant risks” of the tokens and sought to recoup the fees they paid. (Reuters) #BitcoinScaling👇