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

Image of the UK flag 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 […]

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

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Bitcoin.com

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July 1, 2026

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

Image of the UK flag 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

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July 1, 2026

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