The Australian Securities and Investments Commission sues Binance Australia
ChainCatcher news, the Australian Securities and Investments Commission (ASIC) has sued cryptocurrency company Binance Australia, accusing it of failing to effectively protect consumer rights.
ASIC stated that Binance Australia had offered cryptocurrency derivative products to 505 Australian retail investors, but these investors were incorrectly classified as wholesale clients.
Risk warning Risk warning
Related tags
Related tags
