Australian financial regulator Australian Securities and Investments Commission (ASIC) sued leading cryptocurrency exchange Binance. Over 500 retail clients of Oztures Trading Pty — the company that Binance uses to operate in the region — “were denied important consumer protections after being misclassified as wholesale clients,” the regulator claims in its lawsuit.
Similar Stories to Australian Regulator Sues Binance Over Lacking Consumer Protection on Bing News
Radek Zielinski, ReadWriteWeb
Wed, 12/18/2024 - 10:32am
BING NEWS:
- ASIC Sues Binance Australia Over Consumer Protection Failures
ASIC files a lawsuit against Binance Australia, alleging misclassification of 500+ clients as investors, denying key consumer protections.
12/18/2024 - 4:43 am | View Link - Australian regulator sues Binance over lacking consumer protection
Australian financial regulator Australian Securities and Investments Commission (ASIC) sued leading cryptocurrency exchange Binance.
12/18/2024 - 4:32 am | View Link - Australian regulator sues Binance for exposing customers to risky trading
Between July 2022 to April 2023, the exchange classified more than 500 retail investors as 'wholesale clients,' allowing them to trade crypto derivative products.
12/18/2024 - 4:14 am | View Link - Binance sued in Australia over alleged consumer protection breaches
Australian financial watchdog sues Binance Australia for misclassifying 500+ retail clients as wholesale investors, denying them key consumer protections.
12/18/2024 - 1:50 am | View Link - ASIC Sues Binance Australia for Misclassifying Retail Investors
ASIC filed a lawsuit against Binance Australia, accusing it of misclassifying more than 500 retail investors as wholesale clients.
12/17/2024 - 10:42 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more