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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.