New Lawsuit Accuses Binance of Enabling Hamas-Linked Transactions

Published at 2025-11-25 03:30:08

A court filing dated Nov. 24 claims Binance’s corporate structure and compliance systems enabled transfers by individuals linked to U.S.-sanctioned terrorist groups, including alleged Hamas affiliates. The complaint does not resolve those claims in court, but accuses the exchange of systemic failures that purportedly allowed sanctioned actors to use its platform to move funds.

The suit amplifies regulatory and reputational risks for Binance as global authorities continue to scrutinize crypto firms for AML and sanctions compliance. If the case proceeds, it could lead to fines, stricter oversight, or operational changes and will be watched by investors, regulators and other exchanges as a test of accountability in the crypto industry. Binance has not issued a public response in the filing text provided.

Share on:

Related news

Coinbase Partners With Major U.S. Banks on Stablecoin and Crypto Pilots

Coinbase said it is collaborating with leading U.S. banks on stablecoin projects and pilot crypto services, with CEO Brian Armstrong noting banks are "leaning into this as an opportunity." The move reflects a growing, if cautious, Wall Street interest in crypto infrastructure.

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

Published at 2025-12-03 18:45:13
Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

Published at 2025-12-03 17:15:09
Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

Published at 2025-12-03 15:30:31