News  Sources

Billionaire is facing allegations of enabling Hamas terrorism

image sourced from original article at https://www.jpost.com/israel-news/article-830901

The CEO of major cryptocurrency exchange Binance, Changpeng Zhao, is facing a multi-billion-dollar lawsuit filed by victims of a Hamas attack. The lawsuit alleges that Zhao and Binance enabled Hamas terrorism through cryptocurrency financing, violating international sanctions and US laws. The plaintiffs, including American and Israeli citizens impacted by the attack, claim that Binance's services allowed Hamas to access critical funding. The lawsuit seeks compensation for physical injuries, emotional distress, lost future income, and medical expenses, as well as punitive damages. This case represents a significant expansion of legal action against financial enablers of terrorism.

Original article source: https://www.jpost.com/israel-news/article-830901
Source Id: 8430353610

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox