Dozens of families of victims of Hamas’s Oct. 7, 2023, attack against Israel are suing cryptocurrency exchange Binance for allegedly facilitating payments to terrorist groups.
In a lawsuit filed on Monday in the U.S. District Court for the District of North Dakota, the victims described Binance as intentionally designed to operate as a “criminal enterprise to facilitate money laundering on a global scale.” One of two defendants, Binance founder Changpeng Zhao, was pardoned by President Donald Trump a month ago, putting him in an awkward position.
“Years before October 7, Binance knew that Hamas, the [Islamic Revolutionary Guard Corps of Iran], Hezbollah, [Palestinian Islamic Jihad], and other terrorist organizations were all transacting regularly on its platform and nevertheless actively assisted their use of the platform,” the
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