Woofun AI reports that nearly 1,700 British investors have filed a lawsuit in the High Court of London against Binance and Changpeng Zhao (CZ), seeking at least £150 million in damages. The plaintiffs allege that Binance sold high-risk cryptocurrency derivatives to UK retail investors without regulatory authorization from late 2019, violating the Financial Services and Markets Act. Defendants include Binance Holdings, Nest Exchange, and CZ. A Binance spokesperson declined specific comment but affirmed the company's commitment to legal compliance and active defense.