Enforcement/asicCWLTH

Binance Australia Derivatives Ordered To Pay 10 Million Penalty For Onboarding Failures Causing Millions In Client Trading Losses

civil penalty1 Jan 2026

Facts

ASIC media release 26-055: Mr Binance Australia Derivatives Ordered To Pay 10 Million Penalty For Onboarding Failures Causing Millions In Client Trading Losses. Sourced from ASIC newsroom — see source URL for the full release.

Outcome

See ASIC media release 26-055 for outcome.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-055mr-binance-australia-derivatives-ordered-to-pay-10-million-penalty-for-onboarding-failures-causing-millions-in-client-trading-losses/

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