Federal Court in Alabama Dismisses Lawsuit Accusing Binance of Funding Terrorism

The U.S. District Court for the Middle District of Alabama has dismissed a lawsuit that accused major cryptocurrency exchange Binance of facilitating the funding of terrorist organizations. The decision was made public on the 11th, according to court records. Federal Judge Chad W. Bryan noted that the plaintiffs' complaint was a 'shotgun pleading,' failing to specify the individual responsibilities of each defendant, among numerous defendants and factual allegations...