Why the terror financing case against Binance fell apart in court
7 Articles
7 Articles
Abu Dhabi (Agencies) – Binance NFT, the world’s largest cryptocurrency exchange by registered users, announced today that the U.S. Federal Court for the Southern District of New York has dismissed all lawsuits filed against the company under the Anti-Terrorism Act. The lawsuit involved 535 plaintiffs who alleged that Binance provided material support linked to 64 terrorist attacks. In a 62-page ruling, the court concluded that the plaintiffs fai…
U.S. Federal Court Dismisses All Claims Against Binance In Anti-Terrorism Lawsuit
Johannesburg – Court rejects allegations that Binance (www.Binance.com) assisted, participated in, or conspired with terrorists. This represents a decisive legal dismissal of all claims. Binance, the world’s largest cryptocurrency exchange by registered users, announced today that a U.S. federal court in the Southern District of New York has dismissed all claims brought against the company […]
U.S. Federal Court Dismisses Anti-Terrorism Lawsuit Against Binance
A U.S. federal court in the Southern District of New York has dismissed all claims brought against Binance under the Anti-Terrorism Act, rejecting allegations that the cryptocurrency exchange assisted, participated in, or conspired with terrorists. The lawsuit, filed by 535 plaintiffs, alleged that Binance provided material support linked to 64 terrorist attacks. However, in a […] The post U.S. Federal Court Dismisses Anti-Terrorism Lawsuit Agai…
Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows
A lawsuit accusing the crypto exchange Binance of allowing terrorism financing by facilitating it has fallen apart after a US Federal court dismissed it. Not Terrorist Supporters The Troell et al. v. Binance case was dismissed in an opinion and order issued on March 6 by Judge Jeannette A. Vargas of the U.S. District Court for the Southern District of New York. The defendants’ motions were granted against a complaint brought by 535 plaintiffs, a…
Why the terror financing case against Binance fell apart in court
A US federal court has dismissed a lawsuit accusing crypto exchange Binance of facilitating terrorism financing, ruling that the plaintiffs failed to establish the legal requirements needed to hold the platform liable under US anti-terror laws. Federal judge throws out…
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