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Binance Australia Hit With $6.9M Fine After Investors Lose Millions on Derivatives

Binance Australia was fined A$10 million after 524 retail clients were wrongly classified for crypto derivatives trading, ASIC records show.

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  • Binance Australia Hit With $6.9M Fine After Investors Lose Millions on Derivatives
    Decrypt
  • Australia fines local Binance unit $6.9M over client onboarding failures
    Cointelegraph
  • Binance fined A$10M after Australia derivatives failures
    Crypto.News
  • Australian Court Fines Binance Australia $6.9M Over Client Misclassification
    CryptoCurrency
  • A$10 Million Penalty On Binance Australia Derivatives Over Hurting Clients Financially
    U.Today