Marketplace All-in-One Hamas victims sue Binance
Nov 25, 2025
In this gripping discussion, Nick Marsh, a BBC reporter in Singapore, delves into the lawsuit against Binance, alleging it enabled terrorist groups to move $1 billion. He reveals that over 300 plaintiffs accuse Binance and founder Changpeng Zhao of complicity with groups like Hamas. Marsh also explores post-attack fund transfers, Zhao's prior legal troubles linked to a money-laundering case, and the political ramifications of his pardon by Trump. Additionally, he touches on broader issues like the risks to Europe’s undersea cables.
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Binance Accused Of Enabling Terror Financing
- Victims allege Binance enabled Hamas and other groups to move over $1 billion through its platform.
- The lawsuit claims $50 million flowed to Hamas after October 7th and after Zhao's guilty plea.
Guilty Plea Doesn’t End Allegations
- Changpeng Zhao pleaded guilty to money laundering and served four months in jail.
- Plaintiffs say additional transfers to Hamas occurred even after his conviction.
Multiple U.S. Lawsuits Heighten Risk
- Binance faces multiple U.S. lawsuits, including in Manhattan and North Dakota, over similar terrorism-funding claims.
- Binance maintains it complies with international sanctions despite ongoing legal exposure.