Last mentioned: 1d ago
Case Dismissed
A U.S. court dismisses the lawsuit, ruling that the exchange is not liable for the specific acts of terrorism cited.
Court Dismissal
US Federal Court dismisses all claims in the anti-terrorism lawsuit against Binance and CZ.
Civil Lawsuit Filed
Victims of international terrorism file a civil suit alleging Binance facilitated financing for terrorist groups.
CZ Sentencing
Changpeng Zhao is sentenced to four months in prison for compliance failures.
Terrorism Lawsuit Filed
Victims of the Oct 7 attacks file suit alleging Binance facilitated Hamas funding.
DOJ Settlement
Binance reaches a $4.3 billion settlement with U.S. authorities over AML and sanctions violations.
DOJ Settlement
Binance agrees to pay $4.3B and CZ steps down as CEO over AML violations.
A U.S. court has dismissed a high-profile lawsuit against Binance that alleged the cryptocurrency exchange facilitated terrorism financing. The ruling marks a significant legal victory for the platform, as the judge determined that the plaintiffs failed to establish a direct link between the exchange's operations and specific acts of international terrorism.
A U.S. Federal Court has dismissed a high-profile lawsuit accusing Binance and its founder Changpeng Zhao of providing material support to terrorist organizations. The ruling marks a significant legal victory for the exchange, which has been working to move past its historical regulatory challenges.