Victims of the October 7 Hamas attack filed a multi-billion-dollar lawsuit in a California court against the CEO of a major cryptocurrency exchange, alleging the platform facilitated Hamas terrorism through cryptocurrency financing, violating international sanctions and US laws
Changpeng Zhao, the billionaire founder and CEO of Binance, is facing allegations of enabling Hamas terrorism through negligent and intentional support via cryptocurrency services.
The lawsuit, filed in California’s Superior Court by Dr. Gideon Fisher & Co. in collaboration with US law firms, is brought by over 100 plaintiffs, including American and Israeli citizens impacted by the devastating Hamas attacks on October 7, 2023.
According to the complaint, Zhao and Binance “intentionally and/or negligently provided extensive cryptocurrency services to Hamas, which caused, enabled, and facilitated the October 7 attack.”