Exchanges face triple damages penalties for terror-financing charges

A 284-page complaint filed Nov. 24 against Binance in North Dakota federal court represents 306 American families who lost relatives in the Oct. 7, 2023, Hamas attacks. The lawsuit demands roughly ...

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Exchanges face triple damages penalties for terror-financing charges

Source: CryptoSlate

A 284-page complaint filed Nov. 24 against Binance in North Dakota federal court represents 306 American families who lost relatives in the Oct. 7, 2023, Hamas attacks. The lawsuit demands roughly $1 billion from Binance, former CEO Changpeng Zhao, and executive Guangying “Heina” Chen, with the amount automatically tripling to $3 billion if the plaintiffs […]