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Binance and CZ named in £150 Million UK lawsuit over unregulated derivatives access

Covered by 2 sources · 2 articles

2 outlets - including Cryptodnes and Coincodecap - are covering this story. Binance faces a £150M lawsuit in London's High Court as 1,692 UK investors claim the exchange offered unregulated crypto derivatives to retail users. The post Binance Faces £150 Million UK Lawsuit Over Crypto Derivatives appeared first on C…

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Binance Faces £150 Million UK Lawsuit Over Crypto Derivatives
Cryptodnes Jul 1, 15:30 UTC

Binance Faces £150 Million UK Lawsuit Over Crypto Derivatives

Binance faces a £150M lawsuit in London's High Court as 1,692 UK investors claim the exchange offered unregulated crypto derivatives to retail users.

CoinCodeCap Jul 1, 10:15 UTC

Binance and CZ named in £150 Million UK lawsuit over unregulated derivatives access

Binance and its founder Changpeng Zhao are facing a lawsuit in the United Kingdom seeking close to Euro 150 million, roughly $200 million, from investors who say the exchange gave retail customers access to complex leveraged trading product…

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