Lawsuit Alleges Binance Facilitated Hamas Funding
Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.

Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.
Binance faces a lawsuit from a former Gaza hostage and families affected by a Hamas attack, accusing the exchange of financing terrorism. The legal battle sheds light on alleged links between Binance and illicit transactions, prompting a call for accountability in the cryptocurrency industry.
Amidst the ongoing Israel-Hamas conflict, the Office of Foreign Assets Control (OFAC) has unveiled its intention to implement a second round of sanctions.
US Lawmakers pressure the White House on cracking down the use of crypto for illicit purposes after Hamas attack.
Hamas' utilisation of cryptocurrency for fundraising: unraveling complex terror financing networks
It is undeniable that a substantial sum of crypto went into the funding of the Israel-Hamas war but what about the all-too-obvious Islamic Coin that raises more red than green flags?
Hamas has escalated the conflict with conventional war- but where are they getting their money from?
An examination of Israeli government seizure orders and reports from blockchain analytics has unveiled that Hamas has received substantial sums of digital currency leading up to the attack.
Crypto exchange Binance's proactive stance in freezing Hamas-linked accounts amidst the Israel conflict underscores the growing role of cryptocurrencies in geopolitical events and financial security.
The CFTC alleged that Binance executives have engaged in wrongdoing.