The U.S. Court of Appeals partially overturned the dismissal of a class-action lawsuit filed against Binance.US, in which plaintiff Ryan Cox accused the exchange of illegally manipulating the price of HEX tokens. A three-judge panel of the Ninth Circuit Court of Appeals overturned the district court's previous dismissal of the class-action lawsuit, saying that plaintiff Ryan Cox's claims were reasonable. Previously, Cox first filed a class-action lawsuit in 2021, accusing Binance Capital Management and Binance.US of artificially limiting HEX's ranking on CoinMarketCap, Binance's cryptocurrency price tracking platform. Cox claimed that this caused HEX to trade at a lower price and rank higher than Binance's own cryptocurrencies. In February 2023, a district court judge first dismissed the lawsuit. (Cointelegraph)