Binance and CZ Sued for $200 Million in UK Over ‘Unauthorized’ Derivatives Sold to 1,700 Traders
Covered by 2 sources · 2 articles
2 outlets - including Theblock and Bitcoin - are covering this story. Almost 1,700 investors are suing Binance and founder Changpeng Zhao in a London High Court over unauthorized crypto derivatives sale claims.
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Nearly 1,700 UK investors sue Binance, founder CZ over alleged unauthorized derivatives sales
Almost 1,700 investors are suing Binance and founder Changpeng Zhao in a London High Court over unauthorized crypto derivatives sale claims.
Binance and CZ Sued for $200 Million in UK Over ‘Unauthorized’ Derivatives Sold to 1,700 Traders
Nearly 1,700 UK investors have filed a £150 million (nearly $200 million) claim against Binance and founder Changpeng Zhao in London’s High Court, alleging the exchange sold them high-risk crypto derivatives it was never authorized to offer…