Binance Australia Derivatives
SR Group are looking into Oztures Trading Pty Ltd, trading as Binance Australia Derivatives and the potential of undertaking recovery actions on behalf of affected investors.
If you held an account with Binance and believe you lost money due to their licence cancellation, we would like to hear from you. Please contact us using the form below to arrange a cost and obligation free discussion of your circumstances and the actions that may be available to you.
Background
In April 2023, ASIC cancelled the Australian financial services licence held by Oztures Trading Pty Ltd, trading as Binance Australia Derivatives (Binance).
The licence cancellation was in response to a request from Binance. Following the cancellation:
Getting Help
If you held an account with Binance and are concerned about your investment, please contact us to discuss your options. SR Group can help you determine if and whether you have a potential claim on a cost and obligation free basis, as well as your options in pursuing a potential claim.
If you held an account with Binance and believe you lost money due to their licence cancellation, we would like to hear from you. Please contact us using the form below to arrange a cost and obligation free discussion of your circumstances and the actions that may be available to you.
Background
In April 2023, ASIC cancelled the Australian financial services licence held by Oztures Trading Pty Ltd, trading as Binance Australia Derivatives (Binance).
The licence cancellation was in response to a request from Binance. Following the cancellation:
- with effect from 14 April 2023, clients were not be able to increase derivatives positions or open new positions with Binance;
- Binance required clients to close any existing derivative positions before 21 April;
- on 21 April, Binance was to close all open positions held by its clients.
Getting Help
If you held an account with Binance and are concerned about your investment, please contact us to discuss your options. SR Group can help you determine if and whether you have a potential claim on a cost and obligation free basis, as well as your options in pursuing a potential claim.