-
Binance Faces $200 Million UK Lawsuit Alleging Unauthorized Sale Of Crypto Derivatives
Nearly 1,700 UK investors have sued Binance and founder Changpeng Zhao at London’s High Court, seeking at least £150 million ($200 million) over risky, complex derivative products the claimants say the exchange sold them without regulatory authorisation. The claim form, dated 29 June 2026 and led by claimant Tomas Sutas, names four defendants—Cayman Islands-registered Binance Holdings Limited, Abu Dhabi-registered Nest Exchange Limited, Zhao personally, and unidentified “persons unknown” operating the Binance trading platform. Filed by law firm KP Law, the action argues that these operators promoted and sold ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From moneycheck.com | 16 hr ago
French authorities have documented 77 incidents involving kidnapping, illegal confinement, extortion, or attempted offenses connected to the cryptocurrency industry throughout 2026. Interior Minister Laurent Nuņez disclosed these statistics during a June 30 presentation to the Association for the Development of Digital Assets. This figure represents a ...
From livenowfox.com | 34 hr ago
Catherine Beth Washburn, 37, of Irondequoit, a Rochester suburb, has been charged with attempting to provide material support to the Palestinian Islamic Jihad (PIJ), which the U.S. government designates as a Foreign Terrorist Organization. She faces a maximum sentence of 20 years in federal prison and a $250,000 fine if convicted. According to the Justice ...
From financefeeds.com | 32 hr ago
Crypto companies have spent $189 million to influence the 2026 U.S. midterm elections so far, making the industry the largest source of corporate political spending in the current election cycle, according to a new report by consumer advocacy group Public Citizen. The findings highlight the sector’s growing political influence as lawmakers continue debating ...
