PANews reported on March 8th that, according to The Block, U.S. District Judge Jeannette Vargas in Manhattan has dismissed a civil lawsuit against Binance and itsPANews reported on March 8th that, according to The Block, U.S. District Judge Jeannette Vargas in Manhattan has dismissed a civil lawsuit against Binance and its
Plaintiffs in the terrorism lawsuit against Binance and CZ have been given 60 days to refile their case.
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PANews reported on March 8th that, according to The Block, U.S. District Judge Jeannette Vargas in Manhattan has dismissed a civil lawsuit against Binance and its founder, Changpeng Zhao. The case sought to hold them accountable for allegedly aiding terrorist organizations in carrying out global attacks through related trading activities. However, according to the judgment, the judge allowed the plaintiff 60 days to file an amended complaint to supplement it with more specific evidence of on-chain transactions and account associations.
The judgment stated that the plaintiff had previously failed to prove a direct link between Binance's trading activities and the specific attack, such as key evidence like fund flows, wallet ownership, or transaction times. The judge also criticized the plaintiff's 891-page complaint as "significantly excessive" and therefore did not meet the relevant liability standards under the Anti-Terrorism Act.
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