Summary
The plaintiffs in a lawsuit against Binance are accusing the crypto exchange of enabling the funding of terrorist organizations, including Hamas, by providing a hidden financing tool from 2017 to 2023. They claim that Binance deliberately concealed this from U.S. regulators.
Key Points
1. Binance, a cryptocurrency exchange, is being sued by plaintiffs who allege that it facilitated the financing of Hamas and other terrorist organizations.
2. The plaintiffs also accuse Binance of deliberately hiding this clandestine financing tool from U.S. regulators between 2017 and 2023.
3. Binance is being sued alongside Iran and Syria in this case, with Hamas being listed as a terrorist group by the U.S., U.K., and other jurisdictions.