Last mentioned: 2d ago
Amendment Deadline
Final date for plaintiffs to file an amended complaint to address identified deficiencies.
Alabama Court Victory
Binance secures a second 'full and complete' legal victory in Alabama under the ATA.
Defamation Filing
Binance launches a defamation lawsuit against the Wall Street Journal over reporting on Iran sanctions.
Public Announcement
Binance publicly confirms the legal victory and its intent to defend against future claims.
Court Ruling Issued
The Southern District of New York dismisses all Anti-Terrorism Act claims against Binance.
First ATA Dismissal
U.S. court dismisses initial Anti-Terrorism Act lawsuit against Binance citing lack of proximate cause.
The U.S. Department of Justice has launched an investigation into whether Iranian entities utilized the Binance cryptocurrency exchange to bypass international sanctions. This probe follows years of regulatory scrutiny for the world's largest crypto exchange regarding its compliance and anti-money laundering protocols.
Binance has secured its second major U.S. court victory in a fortnight, successfully dismissing a lawsuit filed under the Anti-Terrorism Act. The ruling reinforces the high legal threshold required to hold cryptocurrency exchanges liable for the actions of third-party users.
A U.S. federal court in the Southern District of New York has dismissed all claims against Binance in a significant Anti-Terrorism Act lawsuit involving 535 plaintiffs. The 62-page ruling found no evidence that the exchange provided material support or conspired with terrorist organizations, marking a major legal victory for the platform.
A U.S. court has dismissed a high-profile lawsuit against Binance that alleged the exchange facilitated terrorism financing. The ruling establishes a critical legal boundary for cryptocurrency exchanges, affirming that infrastructure providers are not automatically liable for the illicit activities of their users without proof of direct intent or substantial assistance.
A US Federal Court has dismissed all claims against Binance in a high-stakes lawsuit alleging the exchange facilitated terrorism financing. The ruling reinforces the high legal threshold required to hold financial platforms liable for the actions of third-party users under the Anti-Terrorism Act.