UK investors sue Binance founder Zhao Changpeng over regulatory dispute
BINANCEBZ
Statements (2)
- Bearish
UK investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million) in a regulatory dispute.
- Bearish
Binance and founder Zhao Changpeng are likely to face significant market pressure due to the UK investors' lawsuit alleging the platform sold risky derivative products without regulatory authorization.