Families of October 7 Victims Take Aim at Binance: Shocking Lawsuit Unveils Terror Financing Claims
The families of victims from the tragic October 7 Hamas attacks are making headlines with a groundbreaking lawsuit against Binance. They allege that the exchange knowingly facilitated the transfer of millions in terrorist financing, raising serious questions about the platform's compliance with U.S. anti-money laundering laws.
This lawsuit follows a controversial pardon granted to Binance founder Changpeng Zhao by President Trump, who labeled the previous administration's actions as a "political witch hunt." The plaintiffs assert that Binance enabled Hamas, Hezbollah, and other groups to move over $1 billion through its platform, potentially putting the exchange in the crosshairs of legal scrutiny.
As the crypto world watches closely, the implications of this case could reverberate throughout the industry.