Binance faces new lawsuit for alleged transactions linked to Hamas

The lawsuit claims that Binance’s weak controls and pooled wallets enabled users connected to Hamas to move funds undetected. Families affected by the attacks argue that the company’s practices hindered regulatory oversight.

Former U.S. Officials assert Binance carries liability for the October 7 Hamas attacks. This lawsuit adds to Binance’s significant legal challenges relating to anti-money laundering and terrorism regulations.

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