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Binance Sought to Dismiss October 7 Victims Lawsuit But Now Reconsideration Denied

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, April 22 – After the October 7, 2023 attacks by Hamas from Gaza, and CZ's and Binance's guilty pleas, the latter two along with Iran and Syria were sued. Argument on Binance's motion to dismiss was heard on January 30 by U.S. District Court for the Southern District of New York Judge John G. Koeltl. Inner City Press was there, thread:

OK- now at case against crypto firm Binance, CZ, Syria and Iran by victims of Oct 7 attack.

Binance lawyer [from Cahill Gordon] We are accused of non-feasance, failures to prevent money laundering and to file SARS. Such cases are routinely dismissed-

 Judge Koeltl: I will rule at a later date

On February 25, Judge Koeltl denied the motion to dismiss. And on motions for reconsideration and/or to certify for interlocutory appeal, Inner City Press attended the April 22 argument and ruling. Judge Koeltl denied both motions - this while the Administration has asked for a week to reconsider its predecessor's support for UN immunity for its October 7 role. Watch this site.

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The case is Raanan, et al. v. Binance Holdings Limited, et al., 1:24-cv-697 (Koeltl) 

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