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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🪙 Crypto US Senators Slam AG Nominee Over Disbanding Crypto Unit and CZ Pardon Cointelegraph · 10d ago 🪙 Crypto UK crypto investors sue Binance and Changpeng Zhao for $200M Cointelegraph · 24d ago 🪙 Crypto Binance founder CZ: MiCA application was nearly approved until political forces intervened The Block · 26d ago

More on this topic

🪙 Crypto US Senators Slam AG Nominee Over Disbanding Crypto Unit and CZ Pardon Cointelegraph · 10d ago 🪙 Crypto UK crypto investors sue Binance and Changpeng Zhao for $200M Cointelegraph · 24d ago 🪙 Crypto Binance founder CZ: MiCA application was nearly approved until political forces intervened The Block · 26d ago