A U.S. federal court has dismissed a lawsuit against Binance under the Anti‑Terrorism Act. The court ruled the 535 plaintiffs failed to establish that the crypto exchange knowingly assisted or conspired with terrorist organizations in connection to 64 alleged attacks. Plaintiffs now have 60 days to file an amended complaint, suggesting the case may continue.
A U.S. District Court for the Southern District of New York has dismissed all claims against Binance in a lawsuit filed under the Anti‑Terrorism Act. The 62-page ruling found plaintiffs did not sufficiently demonstrate the exchange intentionally supported terrorist activity.
The lawsuit, involving 535 plaintiffs, accused Binance of facilitating transactions linked to terrorist groups. The court determined the complaint failed to establish a legal basis for claims that Binance provided material support or conspired with these organizations.
Plaintiffs have been granted 60 days to file an amended complaint following the dismissal. This opportunity arises from a recent appellate ruling cited by the court.
The decision comes as Binance faces broader regulatory scrutiny and disputes other allegations. Earlier this month, the exchange rejected claims from U.S. lawmakers that it enabled $1.7 billion in crypto transfers linked to Iranian networks.
That Senate inquiry, led by U.S. Senator Richard Blumenthal, cited reports about transfers linked to Iranian networks and Russia’s sanctions-evading oil trade. Binance has denied those allegations, stating it maintains strict compliance procedures and cooperates with law enforcement.
The company’s legal position remains under watch following its 2023 settlement with U.S. authorities. In that agreement, Binance pleaded guilty to violations, paid a $4.3 billion penalty, and accepted oversight by U.S. compliance monitors.
