[Over 300 U.S. Families Sue Binance, Accusing It of Providing Trading Services to Hamas] Binance is facing a new lawsuit over allegations that it created a cryptocurrency trading system between 2017 and 2023 that allowed transactions related to Hamas. More than 300 U.S. families of individuals killed or injured in Hamas attacks have filed a lawsuit in federal court in North Dakota. The plaintiffs accuse Binance's corporate structure and compliance practices of enabling users associated with terrorist organizations to transfer funds through the exchange, citing issues such as weak customer verification, mixed-asset consolidated wallets, and limited oversight in internal communications. The plaintiffs' attorney stated that Binance not only provided financial services to Hamas but also sought to shield related clients and funds from scrutiny by U.S. regulators and law enforcement agencies.