A US federal judge has dismissed a lawsuit accusing Binance of helping finance terrorism, saying the plaintiffs didn’t provide enough evidence to hold the exchange legally responsible.
The case, brought by hundreds of victims and relatives of victims of terrorist attacks between 2016 and 2024, claimed that Binance allowed accounts tied to terrorist groups to operate on its platform, allegedly enabling the movement of funds to support attacks.
But Judge Jeannette A. Vargas of the Southern District of New York ruled that the plaintiffs failed to show Binance knowingly gave substantial help to these organizations. The complaint relied on general claims about wallets linked to sanctioned groups, without proving that Binance was aware of the connections or that the funds directly supported specific attacks.
The judge did give the plaintiffs 60 days to amend their complaint, meaning they could try again with stronger evidence. For now, though, the case is dismissed, leaving Binance off the hook in this round.
In short: Binance wins this round, but the lawsuit could return if new allegations are filed.
