Binance Founder CZ Responds to Dismissed Terror Financing Civil Suit
Binance founder CZ posted a statement on X after a Manhattan federal judge dismissed a civil lawsuit alleging he and the exchange were liable for crypto transactions used to finance terrorist groups. CZ criticized anonymous sources, disgruntled former employees and paid competitors in his response. He characterized the 891-page, 3,189-paragraph complaint as relying on volume rather than evidence, noting the judge described it as "wholly unnecessary."