1h ago
Binance Sued by Over 300 Victims Alleging Facilitation of Hamas Transactions
Binance faces a federal lawsuit filed Monday in North Dakota accusing the exchange of knowingly enabling Hamas to transfer funds before the militant group's October 7, 2023 attack on Israel. The complaint, brought by more than 300 victims and family members, names Binance, co-founder Changpeng Zhao, and senior executive Guangying Chen as defendants. Plaintiffs allege the exchange facilitated illicit transfers for Hamas and other U.S.-designated terrorist organizations over an extended period.
BNB
BNB+0.25%
1h ago
1h ago
SEC Grants No-Action Relief to Solana DePIN Project Fuse for FUSE Token
The U.S. Securities and Exchange Commission issued a no-action letter to Fuse, a Solana-based decentralized physical infrastructure network project, confirming it will not pursue enforcement action against the FUSE token if sold as outlined. Deputy chief counsel Jonathan Ingram signed the letter on November 24, 2025. The decision marks the second DePIN project to receive such regulatory relief in recent months, following a similar approval granted to Double Zero in August 2025.
SOL
SOL+4.70%
1h ago
1h ago
Binance and Changpeng Zhao Face Federal Lawsuit Over Alleged $1 Billion Hamas Financing
Families of victims from the October 2023 Hamas attack have filed a federal lawsuit against Binance and its founder Changpeng Zhao, alleging the exchange facilitated over $1 billion in cryptocurrency transactions to Hamas and other terror groups. The complaint, filed in North Dakota federal court on Monday, accuses the platform of deliberately evading U.S. sanctions and regulatory oversight through weak identity controls and pooled wallet systems. The lawsuit involves 306 American plaintiffs representing families affected by the attack that resulted in approximately 1,200 deaths and over 250 hostages.
1h ago
2h ago
Google in Talks to Supply Meta with TPU Chips in Multibillion-Dollar Deal by 2027
Google is negotiating a multibillion-dollar agreement to provide Meta Platforms with tensor processing units for deployment in Meta's data centers by 2027, according to The Information. Alphabet shares rose 2.7% in extended trading while Nvidia declined 2.7% following the disclosure. Meta is considering spending billions to integrate TPUs into its operations, with potential cloud-based testing planned for next year.
2h ago
2h ago
Binance and CZ Sued Over Alleged $1 Billion in Crypto Transfers to Hamas and Hezbollah
More than 300 victims and families connected to the October 7, 2023 attacks in Israel filed a lawsuit Monday against Binance, founder Changpeng Zhao, and executive Guangying Chen. The complaint alleges the exchange knowingly processed over $1 billion in cryptocurrency for Hamas, Hezbollah, and other designated terrorist groups. The 284-page filing invokes the Justice Against Sponsors of Terrorism Act and claims transactions continued after Binance's 2023 guilty plea to money laundering violations.
2h ago
3h ago
Strategy's Bitcoin Premium Falls to 2021–2022 Lows as TD Cowen Holds $535 Target
Strategy's stock premium over its bitcoin holdings has compressed to levels last seen during the 2021–2022 bear market, TD Cowen analysis shows. The premium measures how much investors pay above the company's underlying bitcoin value. Despite the decline and anticipated MSCI index removal in February, TD Cowen maintained its buy rating with a $535 price target—nearly 200% above the current share price of approximately $179.
BTC
BTC+0.42%
3h ago