Legal Action Initiated Against Binance and Others in Connection to Terrorism: A Perspective from Families and Former Hostages
In the most recent update related to the ‘Binance terrorist lawsuit’, a legal battle has been initiated against the cryptocurrency exchange Binance, its ex-CEO Changpeng Zhao, and the governments of Iran and Syria. Three families, who were directly affected by the Hamas attack on Israel on October 7, have taken legal action against these parties. The plaintiffs include former hostages, relatives of victims, and the estate of a medical professional who sacrificed his life whilst attending to victims. They are pursuing damages under the United States Anti-Terrorism Act, accusing the defendants of providing ‘significant aid’ to the perpetrators of the attack. The lawsuit was officially submitted to the New York Southern District Court on January 31. This Binance terrorist lawsuit signifies a crucial turning point in the ongoing discourse concerning the involvement of cryptocurrency in illegal activities.
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