Binance and CZ Face $200M Lawsuit From Nearly 1,700 UK Investors

Nearly 1,700 UK investors have sued Binance and its co‑founder Changpeng “CZ” Zhao in London, accusing the exchange of selling them unauthorized crypto derivatives and seeking around $200 million in damages. The claimants say Binance pushed risky leveraged products on everyday traders from late 2019 without the regulatory approval required in the UK. According to … Continue reading Binance and CZ Face $200M Lawsuit From Nearly 1,700 UK Investors