Almost 1,700 UK investors sue Binance and founder Zhao Changpeng for at least £150m over alleged unauthorized derivatives sales.
WHO:Almost 1,700 British investors; Binance; Zhao Changpeng
WHAT:Filed a lawsuit against Binance and Zhao Changpeng seeking at least £150m over alleged sale of risky, complex derivatives without regulatory authorization.
WHEN:Jun 30, 2026 at 2:06 PM ET
WHERE:United Kingdom
WHY:The claimants allege Binance sold leveraged derivative products without regulatory authorization and promoted them in breach of Financial Services rules.
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