Article #66058
South China Morning Post - World News
| Title | UK investors sue Binance and founder Zhao Changpeng for US$200 million | Source | South China Morning Post - World News |
| Description | Almost 1,700 British investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. The claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as leveraged products, which can amplify gains or losses, from late 2019 and promoted them in breach of the Financial Services... | ||
| Link | https://www.scmp.com/news/article/3358948/uk-investors-sue-binance-and-founder-zhao-changpeng-us200-million?utm_source=rss_feed | Published At | 2026-06-30 14:06:50 (1 day ago) |
| Created At | 2026-06-30 14:08:18 | Updated At | 2026-06-30 14:08:18 |