Australia’s ASIC Sues Binance for Misclassifying 505 Retail Traders

Australia’s securities regulator is suing Binance’s native subsidiary for allegedly misclassifying 505 retail buyers as wholesale purchasers. Retail Customers Misclassified Australia’s securities regulator is suing Binance’s native subsidiary for allegedly misclassifying 505 retail buyers as wholesale purchasers, thus denying them applicable shopper protections. In its lawsuit filed in federal courtroom, the Australian Securities and Investments […]