CZ Avoids Personal Service in Hamas Lawsuit as Binance Legal Battle Continues
- U.S. judge ruled CZ not properly served in Hamas lawsuit, delaying his direct liability.
- Binance still faces terror financing claims despite service ruling shielding its founder.
- Exchange denies allegations, says suits show pile-on tactics against global crypto firms.
A U.S. federal judge has ruled that Binance founder Changpeng “CZ” Zhao was not properly served in a terror-financing lawsuit tied to the October 2023 Hamas attacks, delaying direct legal exposure for him even as the case against Binance continues.
Judge Rejects Service Attempts on Zhao
The case involves more than 40 American plaintiffs and families of victims from the October 7 Hamas attacks. Their legal team tried to serve Zhao electronically, through email and social media, citing his residence in the United Arab Emirates and Binance’s lack of a clear global headquarters. The D.C. federal…
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CZ Avoids Personal Service in Hamas Lawsuit as Binance Legal Battle Continues
- U.S. judge ruled CZ not properly served in Hamas lawsuit, delaying his direct liability.
- Binance still faces terror financing claims despite service ruling shielding its founder.
- Exchange denies allegations, says suits show pile-on tactics against global crypto firms.
A U.S. federal judge has ruled that Binance founder Changpeng “CZ” Zhao was not properly served in a terror-financing lawsuit tied to the October 2023 Hamas attacks, delaying direct legal exposure for him even as the case against Binance continues.
Judge Rejects Service Attempts on Zhao
The case involves more than 40 American plaintiffs and families of victims from the October 7 Hamas attacks. Their legal team tried to serve Zhao electronically, through email and social media, citing his residence in the United Arab Emirates and Binance’s lack of a clear global headquarters. The D.C. federal…
Read The Full Article CZ Avoids Personal Service in Hamas Lawsuit as Binance Legal Battle Continues On Coin Edition.
Read More