Binance: Two Anti-Money Laundering Lawsuits Against Binance Dismissed by U.S. Court Last Week

BlockBeats News, March 12, Binance Official stated on social media that the U.S. District Courts for the Southern District of New York and the Northern District of Alabama dismissed separate anti-terrorism lawsuits brought by hundreds of plaintiffs against Binance and its founder CZ last week, with the courts reaffirming the legal standards required to bring such serious allegations.

Binance retweeted a public response from the Democratic side of the U.S. House Committee on Foreign Affairs, which had previously mentioned Binance's acknowledgment in 2023 of violating Iran sanctions and facing money laundering charges, as well as Trump's pardon of Zhao Changpeng. Binance emphasized in the statement that it will continue to comply with sanction enforcement laws and looks forward to working with both parties.