Binance Faces Australian Lawsuit Over Mislabeling Retail Clients and Risky Investments

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the crypto trading platform of failing to uphold consumer protections. In a media release issued on December 18, the regulator alleged that Binance provided crypto derivative products to 505 retail investors in Australia between July 2022 and April 2023, wrongly... source: https://news.shib.io/2024/12/19/binance-faces-australian-lawsuit-over-mislabeling-retail-clients-and-risky-investments/?utm_source=rss&utm_medium=rss&utm_campaign=binance-faces-australian-lawsuit-over-mislabeling-retail-clients-and-risky-investments