U.S. court dismisses claims against Binance in anti-terrorism lawsuit
A federal court in the United States has dismissed claims accusing leading global blockchain company Binance of supporting, promoting, and participating in terrorism.
A statement by the cryptocurrency company on Monday, on its official site, noted that a lawsuit involving 535 plaintiffs, accusing Binance of providing material support to 64 terrorist attacks, was dismissed by the Southern District of New York Court under the Anti-Terrorism Act (ATA).
“In a 62-page decision, the court found that plaintiffs failed to establish any of their central allegations: that Binance assisted terrorists, that Binance associated itself with terrorist attacks, that Binance participated in or sought to advance those attacks, or that Binance engaged in any conspiracy with terrorist organizations,” the statement said.
According to Binance general counsel, Eleanor Hughes, “This dismissal is a complete vindication of all false allegations.”
“The court has unambiguously rejected the false and damaging narrative that Binance assisted terrorists. We have always maintained that 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,” the lawyer added.
The blockchain company noted that the court’s decision to dismiss all claims across every allegation represented a decisive legal victory.
It added, “While the court has allowed plaintiffs 60 days to file an amended complaint in light of a recent appellate decision, Binance is confident that no amended pleading will be able to cure the fundamental deficiencies the Court identified. The underlying claims have been thoroughly examined and rejected.”
Binance reiterated its commitment to integrity, assuring users of its platform of its investment in industry-leading compliance infrastructure, regulatory engagement, and legal governance.
“The company will continue to engage constructively with regulators worldwide, operate within established legal frameworks, and pursue vigorous legal action where necessary to correct false and misleading narratives about its business,” it said.
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