Binance, Changpeng Zhao sued in UK by investors seeking 310 billion won
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A lawsuit has been filed in the UK against Binance and its founder, Changpeng Zhao, by a group of investors. The amount being sought is reported as £150m or $200m, with some outlets stating that around 1,700 investors are involved in the claim, which is related to crypto derivatives. The exact details of the lawsuit vary slightly across reports, but it appears to involve retail derivatives traders.
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