Fan Token Site Socios Sues Argentine Soccer Association for Signing Competing Deal With Binance

Fan Token Site Socios Sues Argentine Soccer Association for Signing Competing Deal With Binance
Fan token site Socios sued the Argentine Football Association (AFA) for unilaterally terminating a sponsorship contract with it and signing a similar one with crypto exchange Binance.Socios filed a complaint before an Argentinian national commercial court led by judge María José Gigy Traynor, who issued a prohibitory injunction ordering AFA to recognize the three contracts signed with Socios, according to the official decision document, which was seen by CoinDesk.AFA recognized the injunction but told CoinDesk it is provisional and will be appealed by the association.According to the injunction, AFA must “refrain from performing any action, carry out any proceeding, or…