Nearly 1,700 UK retail investors filed a £150M lawsuit against Binance and CZ over unauthorized crypto derivatives sales that allegedly violated FCA rules.

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…