Key Takeaways About 1,700 UK investors are seeking £150 million from Binance and CZ over derivatives sold from late 2019, before the 2021 FCA ban. Binance says it will defend the London High Court claim, which names entities in the Cayman Islands and the UAE. A ruling allowing the case to proceed could trigger further retail lawsuits against offshore exchanges in Britain. A Decade-Old Marketing Push Under Scrutiny The claimants allege that Binance began marketing complex leveraged derivative products to UK retail investors in late 2019, roughly two years before the country’s Financial Conduct Authority (FCA) formally restricted retail access …