Miami Heat basketball star Jimmy Butler and YouTube influencer Ben Armstrong agreed to pay a combined $340,000 to resolve claims that they helped dupe Binance Holdings Ltd. customers into buying unregistered securities.
Lawyers for the customers asked a federal judge in Miami on Monday to give preliminary approval to the settlement, which came after months of talks aided by a mediator. The buyers of the Binance securities would then be given the opportunity to object to the agreement at a hearing before the judge signs off on the deal.
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Chris Dolmetsch
https://www.bloomberg.com/news/articles/2024-08-21/miami-heat-s-jimmy-butler-resolves-claims-by-binance-investors
2024-08-21 16:03:38
