From 2019, Binance offered UK consumers the ability to invest in and trade:
In 2021, the Financial Conduct Authority (FCA) restricted Binance from undertaking regulated activities in the UK, raising legitimate concerns about how these products were advertised and sold.
KP Law is currently investigating a potential legal claim against Binance on behalf of UK investors.
These products were inappropriately sold to UK investors who were not made fully aware of the risks involved.
In response, KP Law is gathering information to better understand whether group legal action would be appropriate to hold Binance to account for their actions.
As part of KP Law’s investigation into this matter, we are looking to engage with people who fit the below criteria:
Here are some of the questions our clients have asked our expert lawyers about making a Binance compensation claim.
KP Law is the law firm leading the case against Binance. As an SRA-regulated nationwide law firm specialising in multi-claimant/group action claims, our team represents tens of thousands of people who have been wronged by large corporations. Recognised by the Legal 500 as a Tier One firm in Group Litigation, we are also a founding member of the Collective Redress Lawyers Association (CORLA),
Binance acted without the necessary authority to offer crypto derivative products to UK consumers. It is our belief that investors can recover for losses they may have suffered by investing in or trading these products.
KP Law is currently investigating this potential claim. You may be eligible if you were in the UK while trading the following on Binance:
Register with us and we will assess your case. Registering your interest is straightforward and there are no obligations to proceed at this stage.
We are currently assessing the viability of this group action claim. Once we have determined the merits of this action, we will be in touch with more information.
The Binance Crypto Derivatives Mis-selling Claim is led by a team of specialist lawyers, including Partner Hannah Sharp and Legal Director Carter Young who are supported by an experienced team of associates and paralegals.
A group action claim is a legal claim where a group of people have been affected by the same issue. When people join a group action, it strengthens their overall position and makes large organisations take the matter seriously.
KP Law is dedicated to keeping you up to date throughout your claim. Please look out for emails from binanceclaim@kpl.co.uk and consider adding the address to your ‘Safe senders’ list so you do not miss an update.
To register to join the claim, please use the sign-up form on binance.kpl.co.uk. Your details will then be sent securely to our team to assess your claim.
As a regulated law firm, our team of qualified professionals is legally bound to act in your best interests as a KP Law client. We are committed to the highest levels of security and client care. KP Law will never ask you to send money or provide bank details. If you ever receive an email or phone call that you are concerned about, you can contact our team directly on binanceclaim@kpl.co.uk or by calling the phone number on our website.
Yes, you may have seen adverts regarding this claim online. KP Law works with advertisers to raise awareness of this important legal action. All registrations are signed up through the form available on: kpl.co.uk