Two U.S. federal courts have thrown out terrorism‑related lawsuits against Binance, dismissing claims made under the Anti‑Terrorism Act against the cryptocurrency exchange.
US Courts Deliver Double Blow to Terror Claims Against Binance-A Most Unseemly Drama in the Crypto Realm
The latest ruling arrived from a federal court in Alabama, which set aside all claims filed against the exchange under the Anti‑Terrorism Act (ATA). The Act, designed to bring civil redress against those alleged to supply terrorists with material support, was found to be a hollow pursuit in this case. Binance, on March 12, announced that this decision follows a second recent court dismissal of similar accusations.
Eleanor Hughes, Binance’s General Counsel, observed:
“Sanctions compliance and terrorism financing are serious matters of law that require evidence, legal rigour, and due process. The courts have examined these claims on two separate occasions and found them without merit.”
The Alabama judge, in a 19‑page decree, deemed the plaintiffs’ complaint to be both legally and factually deficient, describing the pleading as a “shotgun” that bundled defendants without distinguishing any individual conduct or liability. The judge also concluded that the complainants failed to meet the requirement of a “short and plain statement” to outline their allegations.
Separately, Binance announced on the social‑media platform X on March 12: “We’re proud to announce that a U.S. federal court in Alabama has dismissed all claims against #Binance in a lawsuit brought under the Anti‑Terrorism Act.” The company added:
“This ruling follows just days after a separate U.S. federal court in the Southern District of New York also dismissed all ATA claims against Binance.”
“Courts have now examined these claims on two separate occasions and found them devoid of merit. These outcomes speak for themselves. We will not tolerate attempts to misuse the legal system to target our industry and remain as committed as ever to transparency, security, and lawful conduct in everything we do,” the crypto firm declared.
Earlier this month, a federal court in the Southern District of New York dismissed all ATA claims filed by 535 plaintiffs who alleged Binance provided material support related to 64 terrorist attacks. In a 62‑page decision, the court found that the plaintiffs had failed to establish any assistance, advancement or participation by Binance in the attacks or their conspiracy. The Alabama court also granted the plaintiffs until April 10, 2026, to file an amended complaint addressing the deficiencies noted in the ruling.
FAQ 🧭
- Why did the U.S. court dismiss the Anti‑Terrorism Act claims against Binance?
Judges ruled that the plaintiffs failed to present sufficient factual and legal evidence linking Binance to terrorist activity. - What does the court’s dismissal mean for Binance’s legal risk?
The rulings weaken major terrorism‑related allegations, though plaintiffs still have the opportunity to amend their complaint. - How could these rulings affect the broader crypto industry?
The decisions may raise the legal threshold for lawsuits claiming crypto platforms enabled terrorism financing. - What should investors watch next in the Binance case?
Investors should monitor whether plaintiffs file an amended complaint before the April deadline.
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2026-03-14 02:57