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Originally published by Capital Businessbusiness
November 26, 2025
1d ago
Binance accused of aiding terrorists in new lawsuit
NOV 26 - Binance and its founders, including billionaire Changpeng Zhao, are facing a lawsuit in the US accusing the company of helping send millions of Kenya breaking news | Kenya news today |..
✨ Key Highlights
Cryptocurrency platform Binance and its founder Changpeng Zhao are facing a new lawsuit in the US, accusing them of facilitating over $1 billion in transfers to US-designated terrorist organizations, including Hamas and Hezbollah.
- The lawsuit was filed by US victims or their families of the October 7, 2023 attacks in Israel.
- The complaint alleges Binance knowingly allowed the transfer of more than $1 billion, with $50 million sent after the October 7 attacks.
- This comes weeks after a previous settlement where Binance pleaded guilty to money laundering and sanctions violations, agreeing to pay over $4 billion in penalties.
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