Nearly 1,700 UK investors sue Binance and CZ in London High Court, seeking £150 million over alleged unauthorized sale of leveraged crypto derivatives.

LONDON, June 30 : Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold…

The claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as leveraged products, which can amplify…