Crypto exchange Binance and its founder were sued for nearly $200 million in a new lawsuit filed in the United Kingdom.

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…