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⛓️ Crypto🟢 BullishImportance 7/10
CZ says CEXs have ‘zero motive’ to aid terrorists as court dismisses terrorism suit
🤖AI Summary
A US federal judge dismissed a lawsuit that accused Binance, former CEO Changpeng Zhao, and Binance.US of facilitating cryptocurrency transactions for terrorist groups. CZ defended centralized exchanges, stating they have 'zero motive' to assist terrorist organizations.
Key Takeaways
- →US federal court dismissed terrorism-related lawsuit against Binance and CZ.
- →The lawsuit alleged Binance helped terrorist groups move cryptocurrency funds.
- →Changpeng Zhao argued centralized exchanges have no incentive to aid terrorists.
- →The dismissal provides legal relief for Binance amid ongoing regulatory scrutiny.
- →Court ruling suggests insufficient evidence to support terrorism financing claims.
Read Original →via CoinTelegraph – Regulation
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