Devlin Law Firm, LLC and CoreXLegal Cryptocurrency Class Action – PR.com

Santa Clara, California, October 5, 2023 --(PR.com)-- The complaint alleges that defendants BINANCE HOLDINGS LIMITED, BAM TRADING SERVICES INC., BAM MANAGEMENT US HOLDINGS INC. AND CHANGPENG ZHAO violated securities laws and unfair competition laws to collapse competing FTX entities. Allegedly, in reaction to the defendants' tweets and comments on social media, the price of FTT dropped from $23.1510 to $3.1468. Furthermore, the defendants were allegedly not telling the truth that they had already sold FTT before posting tweets and that they had no intention of acquiring FTX entities.

If you wish to serve as lead plaintiff for the class, you must file a motion with the Court no later than Friday, December 4, 2023, which is the first business day that the District Court for the Northern District of California is open. is 60 days after the publication date of October 5, 2023. Any member of the proposed class may ask the Court to serve as lead plaintiff through counsel of his or her choice.

The plaintiff is represented by Devlin Law Firm, LLC and CoreXLegal. If you would like to discuss this action or have any questions about this notice or your rights or interests, please contact plaintiff's attorney, Deepali Brahmbhatt of Devlin Law Firm, LLC at 650-254-9805 or by email at dbrahmbhatt@devlinlawfirm.com.

Devlin Law Firm LLC conducts high-stakes litigation for plaintiffs in a variety of claims and practice areas. Its attorneys are uniquely situated at the intersection of law, finance, and technology, with experience that includes litigating in courts across the country.