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The Nexus
BUSINESSJun 30 · 18:06 UTCSCMP WORLDReuters

UK investors sue Binance and founder Zhao Changpeng for US$200 million

UK investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the sale of unauthorized risky derivative products like leveraged instruments without regulatory approval. Claimants say they suffered significant financial losses.

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BinanceorganizationZhao Changpengpersonderivative productstopicleveraged productstopicUK Investorstopic
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