Alabama federal judge grants partial dismissal in 2024 Binance terrorism financing lawsuit
A federal court in the Middle District of Alabama has granted a motion by former Binance CEO Changpeng Zhao to dismiss significant portions of a February 2024 complaint alleging Binance, Binance.US and Zhao violated the Anti-Terrorism Act by facilitating transfers to Hamas. The judge ordered the plaintiffs to file a second amended complaint by April 10 or face the risk of total or partial dismissal, while Binance later characterized the ruling as a “full and complete legal victory.”