Binance and its founder, Changpeng Zhao, are facing a lawsuit filed by 306 American victims and their families of the 2023 Hamas attacks on Israel. The lawsuit, filed in a North Dakota federal court, accuses Binance of facilitating over $1 billion in funds for Hamas and other terrorist organizations, with more than $50 million still in circulation post-attacks. The plaintiffs allege that despite Zhao's guilty plea in 2023 and subsequent pardon from President Trump, Binance continued to enable illicit financial activities. They are seeking damages and treble punitive damages, highlighting ongoing concerns about the platform's role in handling funds linked to terrorism.