{"id":1017960,"date":"2026-07-01T08:02:34","date_gmt":"2026-07-01T02:32:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017960"},"modified":"2026-07-01T08:04:09","modified_gmt":"2026-07-01T02:34:09","slug":"uk-investors-sue-binance-in-london-for-150-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/01\/uk-investors-sue-binance-in-london-for-150-million\/","title":{"rendered":"UK investors sue Binance in London for \u00a3150 million"},"content":{"rendered":"<p>Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least \u00a3150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. <\/p>\n<p>The claimants, some \u200cof whom \u2060said \u2060they had lost tens of thousands of pounds, allege \u200bBinance entities knowingly sold investments such as leveraged products, \u200bwhich can amplify gains or losses, from late 2019 and promoted them in breach of \u200bthe Financial Services and Markets \u2060Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least \u00a3150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. The claimants, some \u200cof whom \u2060said \u2060they had lost tens of thousands of pounds, allege \u200bBinance entities knowingly sold investments such as leveraged products, \u200bwhich can amplify gains or losses, from late 2019 and promoted them in breach of \u200bthe Financial Services and Markets \u2060Act.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1017960","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017960"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017960\/revisions"}],"predecessor-version":[{"id":1017974,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017960\/revisions\/1017974"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}