Binance Australia hit with multimillion-dollar penalty after retail investor losses

Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 202...

By · · 1 min read
Binance Australia hit with multimillion-dollar penalty after retail investor losses

Source: cryptonews.net

Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 2022 and April 2023, according to a Friday press release ...

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