July 1, 2026·Bearish·regulatory legal

UK Investors Sue Binance and CZ for £150M

Nearly 1,700 UK investors filed a lawsuit against Binance and founder Changpeng Zhao in London's High Court, seeking £150 million ($200 million). The plaintiffs allege Binance sold unauthorized leveraged derivatives to UK investors since late 2019, violating local regulations.

Detected & updated continuously · Source: Ruma

Mentioned

Changpeng Zhao (Changpeng)

@binance

Sources

@BankXRP

JUST IN: Nearly 1,700 UK investors sue Binance and founder @cz_binance hangpeng Zhao for £150M ($200M) in London's High Court, alleging unauthorized sale of leveraged derivatives since late 2019 in breach of the Financial Services and Markets Act. https://t.co/mpRDB6elaU