Business · 1 July 2026
1,700 UK investors sue Binance over £150M in 'unlawful' losses
People claiming heavy financial losses are seeking compensation through a London court. Nearly 1,700 British investors filed legal action on 30 June against Binance, founder Changpeng Zhao and others, saying risky derivative investments were sold without regulatory permission and promoted unlawfully. The claim seeks at least £150 million, while Binance says it will defend itself.
Reported by Reuters · How we write briefs