Oct. 7 victim families sue Binance over $1B in secret funding for Hamas, Palestinian terror groups

WASHINGTON — Families of victims of Hamas’ Oct. 7, 2023, attack on Israel sued Binance Monday, claiming that the world’s largest cryptocurrency trading platform — and its recently pardoned founder and former CEO Changpeng Zhao — helped smooth the transfer of more than $1 billion to the accounts of terror groups responsible for the atrocity.

The lawsuit was filed on 306 plaintiffs and their family members who were murdered, maimed, or taken hostage on Oct. 7 in Israel or in various terrorist acts afterwards. They brought their claims against Binance, Zhao and senior executive Gunagying “Heina” Chen in Fargo, ND federal court. They brought their claims against Binance, Zhao and senior executive Gunagying “Heina” Chen in Fargo, ND federal court.

The crypto platform had already been subjec