Nearly 1,700 UK investors sue Binance and CZ over unauthorized crypto derivatives
Nearly 1,700 British investors have launched a collective lawsuit against Binance and its founder Changpeng Zhao at London's High Court, alleging unauthorized sale of crypto derivatives. The case is one of the largest of its kind in UK crypto history. Zhao, known as CZ, previously served a prison sentence in the US over separate compliance failings at Binance.
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