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.
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Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.
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?
Crypto funding is almost at a two-year low
Venture funding for web3 fell 80% in the first quarter of 2023 from the same quarter a year earlier, according to K33 Research.
In a new development, the venture capital arm of the largest global crypto exchange, Binance Labs, has made a foray into Web3 technology.
Genesis has spent the past several days seeking at least US$1 billion (S$1.4 billion) in fresh capital.
Reports have revealed that his lawyers have dropped him as a client.
DeFi protocols Aave and Lido have solicited retroactive funding from their decentralized autonomous organizations. Others still fall prey to attackers, such as New Free DAO earlier today.
Dragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem.