Binance Pardoned Crypto (CZ) Faces Hamas Funding Lawsuit
Description
In this episode, we dig into the new civil lawsuit recently filed by American citizens against Changpeng Zhao (CZ) and Binance. The plaintiffs — family members of victims killed or taken hostage during the October 7 attacks — accuse CZ and Binance of knowingly facilitating the movement of millions of dollars to designated militant organisations, including Hamas and Hizbollah, even after Binance’s previous $4.3 billion settlement in the U.S. over anti-money-laundering and sanctions breaches.
We cover the core allegations — that Binance provided substantial assistance to terrorist groups — and discuss the serious implications for the exchange and its founder in light of this new civil action. We also provide context around CZ’s controversial pardon by Donald Trump following his conviction for regulatory failures.
Finally, we touch on the legal, political, and reputational stakes: how this lawsuit unfolds may reverberate across the crypto industry, international sanctions compliance, and broader efforts to hold financial platforms accountable in the wake of global conflicts.
United States
