{"id":622484,"date":"2026-07-01T02:52:40","date_gmt":"2026-07-01T02:52:40","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/01\/uk-crypto-investors-sue-binance-changpeng-zhao-for-200m\/"},"modified":"2026-07-01T02:52:40","modified_gmt":"2026-07-01T02:52:40","slug":"uk-crypto-investors-sue-binance-changpeng-zhao-for-200m","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/01\/uk-crypto-investors-sue-binance-changpeng-zhao-for-200m\/","title":{"rendered":"UK crypto investors sue Binance, Changpeng Zhao for $200M"},"content":{"rendered":"

\"UK<\/p>\n

One Binance customer said he lost the equivalent of more than $132,000 from the crypto exchange\u2019s derivatives offerings before restrictions were imposed on Binance.<\/p>\n

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.<\/p>\n

The law firm representing the investors, KP Law, said<\/a> Binance\u2019s leverage tokens, futures contracts and options offerings breached the Financial Services and Markets Act 2000 and that these products continued to be offered after the Financial Conduct Authority banned such products from being offered to retail customers in January 2021.<\/p>\n

\u201cThere appeared to be no effective barrier preventing UK customers from accessing them,\u201d the law firm said.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

One Binance customer said he lost the equivalent of more than $132,000 from the crypto exchange\u2019s derivatives offerings before restrictions were imposed on Binance. Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory […]<\/p>\n","protected":false},"author":1,"featured_media":622485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-622484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/622484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=622484"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/622484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/622485"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=622484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=622484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=622484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}