Traders pursuing Binance for compensation over an outage during crypto market turmoil earlier this year have secured financial backing to wage one of the most significant legal battles to date against the exchange.
Liti Capital, a Swiss litigation finance firm, has pledged at least $5m to fund an international arbitration case against Binance in Hong Kong, and has enlisted the New York law firm White & Case to represent investors.
An initial group of six investors, from countries including Ukraine, Australia, France and the US, say their claims against the exchange together total more than $20m and they hope to sign up several hundred more traders.
您已閱讀19%（654字），剩余81%（2733字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。