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5 sourcesTracking since 30 Jun, 19:54

Binance and Changpeng Zhao face claim from 1,700 UK investors over risky derivatives

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Chronological coverage

  1. 1 July
  2. Latest1 Jul, 10:31

    Nearly 1,700 UK investors sue Binance, founder CZ over alleged unauthorized derivatives sales

    Almost 1,700 investors are suing Binance and founder Changpeng Zhao in a London High Court over unauthorized crypto derivatives sale claims.

    The BlockThe Block•Naga Avan-Nomayo
  3. Follow-up1 Jul, 10:30

    Binance and CZ Sued for $200 Million in UK Over ‘Unauthorized’ Derivatives Sold to 1,700 Traders

    Nearly 1,700 UK investors have filed a £150 million (nearly $200 million) claim against Binance and founder Changpeng Zhao in London’s High Court, alleging the exchange sold them high-risk crypto derivatives it was never authorized to offer. A Decade-Old Marketing Push Under Scrutiny The claimants allege that Binance began marketing complex leveraged derivative products to […]

    Bitcoin.com NewsBitcoin.com News•Shiraz Jagati
  4. Follow-up1 Jul, 09:26

    Nearly 1,700 UK investors sue Binance and CZ for $200M over unauthorized derivatives

    A successful lawsuit could set a precedent impacting crypto exchanges globally, prompting stricter regulatory compliance and potential compensation claims.

    CryptoBriefingCryptoBriefing•Editorial Team
  5. Follow-up1 Jul, 09:08

    UK Investors Seek $200 Million From Binance and Changpeng Zhao Over Crypto Derivatives Lawsuit

    Nearly 1,700 UK cryptocurrency investors have taken legal action in the UK High Court against Binance and its co-founder, Changpeng Zhao, in a lawsuit worth more than £150 million, or roughly $200 million. The claimants’ law firm, KP Law, contends that Binance made available unregulated leveraged tokens, futures, and options

    TheNewsCryptoTheNewsCrypto•Lakshya Baskar
  6. Follow-up1 Jul, 06:21

    Binance and CZ sued in London by 1,700 UK investors

    UK investors sue Binance and CZ for £150M, claiming the exchange sold risky crypto derivatives without proper authorization.

    Crypto.newsCrypto.news•Olivia Stephanie
  7. 30 June
  8. Follow-up30 Jun, 21:54

    Binance and Changpeng Zhao sued by 1,700 UK investors for £150M over unapproved crypto derivatives

    This lawsuit highlights the growing regulatory scrutiny on crypto exchanges, potentially reshaping global crypto market practices and compliance.

    CryptoBriefingCryptoBriefing•Editorial Team
  9. First seen30 Jun, 19:54

    Binance and Changpeng Zhao face claim from 1,700 UK investors over risky derivatives

    The lawsuit could redefine cross-border accountability for crypto exchanges, impacting global regulatory standards and investor protections.

    CryptoBriefingCryptoBriefing•Editorial Team