TechFlow News, March 8: According to The Block, U.S. District Judge Jeannette Vargas of the Southern District of New York has dismissed a civil lawsuit seeking to hold Binance and its founder CZ liable for allegedly facilitating global terrorist attacks through their trading activities. However, the court’s opinion allows plaintiffs 60 days to file an amended complaint with more specific on-chain transaction and account-linking evidence. Previously, plaintiffs failed to demonstrate a direct link between Binance’s trading activities and specific terrorist attacks—for example, failing to provide key evidence such as fund flows, wallet ownership, or transaction timing. The judge also criticized the plaintiffs’ 891-page complaint as “manifestly excessive in length,” rendering it insufficient to meet the liability standards under the Anti-Terrorism Act.
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