The plaintiffs claim Binance violated French law by advertising and distributing crypto services before receiving registration.
to questions about the case. According to it, the company did not conduct any promotional communications in France during the period in question, and noted that"Telegram groups are global community forums", thus allowing users to create and join channels voluntarily.
Binance also addressed questions regarding Terra stablecoin advertisement in the country. The company noted that its communication presents staking with Binance as"safe, and not the underlying tokens." The exchange also noted that it always includes market risk warnings for crypto products, and has further strengthened its descriptions.
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