Home » After Kraken, Binance Sued by ASIC in Australia: Here’s Why

After Kraken, Binance Sued by ASIC in Australia: Here’s Why

The ASIC has filed a lawsuit in federal court, accusing Binance’s local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors. Gadgets 360 Read More 

​ The ASIC has filed a lawsuit in federal court, accusing Binance’s local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.