Binance sued by Oct. 7 victim families over payments to terrorists

Dozens of families of victims of Hamas’s Oct. 7, 2023, attack against Israel are suing cryptocurrency exchange Binance for allegedly facilitating payments to terrorist groups.

In a lawsuit filed on Monday in the U.S. District Court for the District of North Dakota, the victims described Binance as intentionally designed to operate as a “criminal enterprise to facilitate money laundering on a global scale.” One of two defendants, Binance founder Changpeng Zhao, was pardoned by President Donald Trump a month ago, putting him in an awkward position.