well-known lawyer Teresa Goody Guillén stated, "Today, CZ, Binance, and Binance.US have made significant progress in the baseless accusations case against them. The court dismissed all the plaintiff's unfounded allegations, ruling that the plaintiff completely failed to prove any connection between Changpeng Zhao or Binance and any terrorist financing activities."

Binance founder CZ responded, "Fake news is only temporary, the truth will always emerge over time. To add a bit more logic: any centralized exchange (CEX) has absolutely no motive to have any association with terrorists. I guess they themselves wouldn’t engage in active trading (thus would not generate trading fee income). They might just try to deposit funds and then withdraw immediately (this behavior also generates no income).

Not to mention, I live in one of the safest countries in the world and have personally seen missiles being intercepted in the sky."