ASIC sues Binance over allegedly failing to provide consumer protection for retail clients

Trisha Husada

Binance’s Australian arm comes under fire from Australian regulators that accuse the crypto exchange of falsely categorizing local clients as wholesale clients, exposing them to risky crypto assets. According to a press release published on Dec. 18, the Australian Securities…

Go here to Read this Fast! ASIC sues Binance over allegedly failing to provide consumer protection for retail clients

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ASIC sues Binance over allegedly failing to provide consumer protection for retail clients