Connect with us

    Hi, what are you looking for?

    Tech

    US Court Dismisses All Claims Against Binance in Major Anti-Terrorism Lawsuit Victory

    A United States federal court in the Southern District of New York has comprehensively dismissed all claims against Binance the world’s largest cryptocurrency exchange by registered users, in a high-profile lawsuit under the Anti-Terrorism Act (ATA).

    US Court Dismisses All Claims Against Binance in Major Anti-Terrorism Lawsuit Victory

    Binance

    The 62-page decision represents a decisive legal victory, rejecting allegations from 535 plaintiffs who claimed the platform provided material support linked to 64 terrorist attacks.

    The court meticulously examined and dismissed every central allegation, ruling that plaintiffs failed to establish Binance assisted terrorists, associated itself with the attacks, participated in or sought to advance them, or engaged in any conspiracy with terrorist organisations.

    Read Also: Binance Slashes Illicit Crypto Exposure by 96%, Aids ₦200bn+ Seizures in Global Crime Fight

    This full dismissal underscores the absence of evidence supporting the claims, affirming Binance’s long-standing position that the suit was meritless.

    Binance General Counsel Eleanor Hughes described the outcome as “a complete vindication of all false allegations.” She emphasised: “The court has unambiguously rejected the false and damaging narrative that Binance assisted terrorists.

    “We have always maintained these claims were without merit, and today’s ruling confirms that. We will continue to defend ourselves aggressively against any litigation or reporting that misrepresents who we are and how we operate.”

    While the ruling grants plaintiffs 60 days to file an amended complaint in light of a recent appellate decision, Binance expressed strong confidence that no revisions can remedy the “fundamental deficiencies” identified by the court. The exchange views this as a thorough examination and rejection of the underlying assertions.

    Binance reaffirmed its commitment to industry-leading compliance infrastructure, proactive regulatory engagement, and robust legal governance worldwide.

    Read Also: Crypto Crackdown: U.S. Confiscates Millions from Nigerian in Binance Scam

    The company stressed that its operations do not support, facilitate, or enable terrorism in any form, and it plans to maintain constructive dialogue with regulators while pursuing vigorous defences against misleading narratives.

    This development bolsters Binance’s position amid ongoing global scrutiny of crypto platforms, highlighting its operational integrity in a sector often targeted by unsubstantiated claims.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Tech

    Google has rolled out support for Yorùbá and Hausa languages in its AI-powered Search features—AI Overviews and AI Mode—enabling millions of Nigerians to get...

    News

    Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a former two-term Councillor from Ibeju-Lekki Local Government Council in Lagos State over...

    News

    The Chairman of LOPE Media Network, Mmadubugwu Justice Nonso, has joined the global community in celebrating women across the world as part of activities...

    E-Financial

    Coronation Registrars Limited has released its 2025 performance scorecard, highlighting its continued role in supporting transparency, efficiency, and investor confidence within Nigeria’s capital market....