US Federal Court in New York Dismisses Anti-Terrorism Act Lawsuit Against Binance

On March 7, Binance stated that a US Federal Court in the Southern District of New York had thrown out all Anti-Terrorism Act claims filed against the exchange and its former CEO Changpeng Zhao by 535 plaintiffs. The court's 62-page ruling found that the plaintiffs failed to substantiate their core allegations that Binance aided terrorist attacks, and the company's General Counsel Eleanor Hughes called the decision a complete vindication while noting plaintiffs have 60 days to amend their complaint.