This lawsuit has been making legal history related to cryptocurrency. A court filing has submitted that former Binance CEO Changpeng Zhao may be deposed in the billion-dollar class action suit Sizemore v. Zhao. The action includes three parts - the company's BNB token, BUSD stablecoin, and other parties. Plaintiffs who are involved in the case pleads guilty for unregistered securities, and alleges other entities, such as Paxos for issuing the BUSD and NBA player Jimmy Butler and former BitboyCrypto host Ben Armstrong forclaiming endorsement for Binance. The SEC's case against Binance is still ongoing, and it does not look like this case will end anytime soon.



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