Nearly 1,700 UK investors are suing Binance and CZ for £150 million over unauthorized derivatives sold to retail customers
Nearly 1,700 British retail investors have filed a £150 million High Court claim against Binance and founder Changpeng Zhao, alleging the exchange sold unauthorized leveraged crypto products in breach of UK financial law. The case is one of the first major retail class actions against Binance in a Western jurisdiction and arrives as CZ attempts to rehabilitate his public image following US prison time and a presidential pardon. A win for claimants could trigger a wave of copycat litigation acros