PANews reported on November 25th that, according to Reuters, 306 American victims and their families of the 2023 Hamas attacks on Israel have filed a lawsuit in North Dakota federal court against Binance and its founder, Changpeng Zhao, accusing him of assisting Hamas and other terrorist organizations in handling over $1 billion in funds, including more than $50 million that remained in circulation after the attacks. Although Zhao pleaded guilty in 2023 and served four months in prison before receiving a pardon from President Trump, the lawsuit alleges that Binance continued to provide shelter for illicit financial activities, and the plaintiffs are seeking damages and treble punitive damages.PANews reported on November 25th that, according to Reuters, 306 American victims and their families of the 2023 Hamas attacks on Israel have filed a lawsuit in North Dakota federal court against Binance and its founder, Changpeng Zhao, accusing him of assisting Hamas and other terrorist organizations in handling over $1 billion in funds, including more than $50 million that remained in circulation after the attacks. Although Zhao pleaded guilty in 2023 and served four months in prison before receiving a pardon from President Trump, the lawsuit alleges that Binance continued to provide shelter for illicit financial activities, and the plaintiffs are seeking damages and treble punitive damages.
Binance is embroiled in another lawsuit, facing a lawsuit from a Hamas attack victim.
PANews reported on November 25th that, according to Reuters, 306 American victims and their families of the 2023 Hamas attacks on Israel have filed a lawsuit in North Dakota federal court against Binance and its founder, Changpeng Zhao, accusing him of assisting Hamas and other terrorist organizations in handling over $1 billion in funds, including more than $50 million that remained in circulation after the attacks. Although Zhao pleaded guilty in 2023 and served four months in prison before receiving a pardon from President Trump, the lawsuit alleges that Binance continued to provide shelter for illicit financial activities, and the plaintiffs are seeking damages and treble punitive damages.
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