{"id":22197,"date":"2023-04-10T16:48:41","date_gmt":"2023-04-10T16:48:41","guid":{"rendered":"https:\/\/bestsportsbettingflorida.com\/?p=22197"},"modified":"2023-11-24T19:55:55","modified_gmt":"2023-11-24T19:55:55","slug":"nba-star-jimmy-butler-gets-sued-for-1b-with-binance","status":"publish","type":"post","link":"https:\/\/bestsportsbettingflorida.com\/news\/2023\/04\/10\/nba-star-jimmy-butler-gets-sued-for-1b-with-binance\/","title":{"rendered":"NBA star Jimmy Butler Gets Sued For $1B With Binance"},"content":{"rendered":"
Recently, the cryptocurrency market has been heavily regulated, leading to massive lawsuits, and this time, famous NBA star Jimmy Butler is in the spotlight.<\/em><\/p>\n Just a week after US regulators accused Binance of trying to circumvent trading rules, a new scandal has occurred. Binance CEO Changpeng Zhao and other influencers, including American Miami Heat basketball player Jimmy Butler received a lawsuit in the amount of $1 billion for advertising unregistered securities.<\/p>\n As a reminder, last year, the famous Florida basketball<\/a> player Jimmy Butler took part in Binance’s advertising campaign to get people to learn and explore cryptocurrency on their own to increase their financial freedom.<\/p>\n According to the Fortune report, this happened on Friday, March 31. In their lawsuit, the Moskowitz Law Firm and Boies Schiller Flexner LLP claim that Binance paid several influencers to promote crypto assets without proper legal registration. Now lawyers demand the Binance company and all people involved to pay damages in the amount of 1 billion dollars and continue to insist that the firm is in violation of trade rules.<\/p>\n