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Binance Wins Major Legal Victory as US Court Throws Out Anti-Terrorism Lawsuit


Binance Wins Major Legal Victory as US Court Throws Out Anti-Terrorism Lawsuit

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March 7: US Federal Court (Southern District of New York) dismissed all Anti-Terrorism Act claims against Binance, according to the company's press release. Binance's General Counsel called it a "complete vindication"; the ruling removes a major legal/regulatory overhang for the CEX and is likely to boost market confidence, crypto adoption, fundraising and DeFi integration.

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In a press release shared on March 7, Binance announced that a US Federal Court in the Southern District of New York had dismissed all claims brought against it under the Anti-Terrorism Act (ATA).

Eleanor Hughes, the company’s General Counsel and spokesperson on the matter, indicated that this dismissal is a “complete vindication of all false allegations.”

Read the article at CryptoPotato

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