Binance, the world’s largest cryptocurrency exchange, faces a newly-filed lawsuit in U.S. federal court alleging that it knowingly assisted Hamas and other terrorist groups before and after the Oct. 7 attacks in southern Israel.
More than 300 American plaintiffs who are the victims or the family of victims of terrorist attacks in Israel claim that Binance, its former CEO Changpeng Zhao and Guangying Chen, who is described in the suit as the company’s de facto chief financial officer, allowed the terrorist organizations responsible for Oct. 7 to send and receive more than $1 billion in crypto transactions in violation of U.S. law.
“Years before Oct. 7, Binance knew that Hamas, the Islamic Revolutionary Guard Corps, Hezbollah, Palestinian Islamic Jihad and other terrorist organizations w

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