Binance Holdings Ltd, along with its founder and former CEO Changpeng Zhao and senior executive Guangying Chen, has been named in a federal lawsuit for knowingly allowing transactions that enabled Hamas to support and carry out the Oct. 7 attack on Israel. Over 300 victims and family members of those killed or injured in the attack, led by attorney Lee Wolosky, have filed a civil suit against Zhao and his colleagues under the Justice Against Sponsors of Terrorism Act. Changpeng Zhao knew what was happening The plaintiffs claim Binance “knowingly facilitated” the movement of more than $1 billion in transactions linked to sanctioned terrorist groups like Hamas, Hezbollah, and the Islamic Revolutionary Guard Corps. “When a company chooses profit over even the most basic counter-terrorism obligations, it must be held accountable and it will be,” Lee Wolosky, an attorney for the victims, told Bloomberg. Hamas’s attack on southern Israel during the early morning hours of Oct. 7, 2023, resulted in the devastating loss of life, with at least 1, 200 people killed and hundreds more injured or taken hostage. Now the plaintiffs allege that Binance “intentionally structured itself as a refuge for illicit activity, and knew full well that specific accounts controlled by terroristic organizations were among its customers.” They claim these funds could be used to “commit terrorist attacks.” Binance and Zhao have previously been investigated and prosecuted in the United States for failing to implement adequate anti-money laundering controls, which enabled transactions tied to terrorist groups like Hamas and al-Qaeda. As a result, the company had to pay a $4. 3 billion criminal penalty, while Zhao had to step down as chief executive as part of the settlement and serve a four-month prison sentence. However, the latest 284-page complaint in North Dakota, which adds to three other lawsuits that both Zhao and Binance are currently battling across the country over the exchange’s alleged role in terror financing, claims to reveal far more alleged transactions with sanctioned groups, some of which were executed even after the settlement with the Department of Justice. Binance “sent the equivalent of more than $300 million to designated wallets on the blockchain before the attacks and more than $115 million after,” an excerpt from the complaint reads. Plaintiffs have further alleged that Binance failed to maintain adequate controls between 2017 and 2023, which allowed sanctioned entities to move large sums without detection. Furthermore, they claim Binance operated through a web of offshore entities with little oversight and minimal recordkeeping. For instance, the complaint highlights a Venezuelan woman having received hundreds of millions of dollars even when there were no obvious financial means to explain the transfers. She reportedly operated a livestock-related company in Brazil. She opened a Binance account in 2022 and went on to receive over $177 million in deposits and withdraw more than $130 million. “Binance ensured that terrorists and other criminals could deposit and shuffle enormous sums on the exchange with impunity. To this day, there is no indication that Binance has meaningfully altered its core business model,” the suit alleges, adding that some of the identified wallets are still active. Legal pressures mount on Zhao and Binance While the other lawsuits Binance is facing in New York, Alabama, and Washington DC have focused on similar claims, the latest one has emerged as the most detailed case to date, with specific wallet addresses and transaction records cited throughout. Lawyers representing Binance have not denied or admitted any of the allegations so far and have reiterated that the exchange complies fully with “internationally recognised sanctions laws, consistent with other financial institutions.”.
https://crypto.news/binance-founder-changpeng-zhao-sued-over-1b-in-alleged-hamas-linked-transactions/
Tag Archives: revolutionary
12 year old Path of Exile is beating its sequel with six times the player count as GGG’s new title suffers massive player losses
Path of Exile 1, the 12-year-old revolutionary free-to-play ARPG, is currently leagues above its own successor, boasting six times its concurrent player count. The sequel, now in early access, is actively losing players as development trudges slowly ahead of its full release.
According to SteamDB, the original Path of Exile maintains around 115,000 concurrent players on Steam, while the sequel hovers around 20,000 during peak hours. This resurgence for PoE 1 is largely thanks to its new expansion, *Keepers of the Flame*, which launched on October 31 and instantly attracted a massive influx of players. The expansion propelled the game from an average peak of 10,000 concurrent players to over 185,000.
*Keepers of the Flame* marks the first major expansion for PoE 1 in quite some time and serves as a significant show of appreciation for Grinding Gear Games’ (GGG) original title. Many fans feared that the classic game would be sidelined in favor of Path of Exile 2, but this expansion proved otherwise.
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Turning to PoE 2, the game has been in early access for almost a year now. Originally planned to spend six months in early access before its full free-to-play launch, the development timeline has doubled, and the game remains unfinished.
The last major update, patch 0.3, added a substantial amount of new content, causing the player count to soar to over 300,000 at its peak. However, this surge was short-lived, as players quickly dropped off once the content ran dry. Since the September patch, PoE 2 has experienced a steady decline in active players. Many have likely migrated back to the more content-rich PoE 1 and its fresh expansion.
We are now just a month away from the first anniversary of PoE 2’s early access launch, a milestone that could bring patch 0.4. However, it seems probable that the update might be delayed until 2026.
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PoE 2 is widely regarded as an amazing game, but the slow pace of development has been a major drawback for many players, myself included. I bought the game on launch day and played extensively, but the three available acts quickly ran out and left me wanting more. Though incremental updates brought new content—such as a fourth act—it simply hasn’t been enough.
I sincerely hope GGG accelerates development and ultimately makes Path of Exile 2 the giant ARPG masterpiece it is meant to be.
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In the meantime, it seems many of us have another great game to enjoy—and it’s free. Path of Exile 1 continues to thrive with its rich content and dedicated community, proving that sometimes the original remains the best choice.
https://www.destructoid.com/12-year-old-path-of-exile-is-beating-its-sequel-with-six-times-the-player-count-as-gggs-new-title-suffers-massive-player-losses/
DOJ says a “North Texas Antifa Cell” attacked a Texas ICE facility, 2 men indicted
Federal prosecutors have charged two North Texas men accused of helping orchestrate a violent July 4 attack on a U. S. Immigration and Customs Enforcement (ICE) detention center in Alvarado, alleging the pair were part of an “Antifa cell” that plotted to target law enforcement officers with gunfire and explosives. Cameron Arnold and Zachary Evetts were federally charged with providing material support to terrorists, attempted murder of officers and employees of the U. S., and discharging a firearm in relation to a crime of violence, according to the indictment from the Department of Justice. The night of July 4, several masked individuals dressed in black, some of them armed, arrived at the Prairieland ICE detention facility, vandalizing vehicles and security cameras in the parking lot, according to authorities. When an Alvarado police officer tried to engage with a person from the group, an unknown number of people opened fire. At least one bullet struck the officer in the neck, police said. What is antifa? The DOJ said in the indictment that “Antifa is a militant enterprise made up of networks of individuals and small groups primarily ascribing to a revolutionary anarchist or autonomous Marxist ideology, which explicitly calls for the overthrow of the U. S. government, law enforcement authorities and the system of law.” The indictment claims the group that Arnold and Evetts were a part of did extensive preplanning before the incident, and that Arnold trained others on firearm use and close-quarters combat. The group was heavily armed with over 50 firearms that were purchased in Fort Worth, Grand Prairie, Dallas and elsewhere, according to the indictment. The document also noted that Arnold allegedly built numerous AR-platform rifles, some of which he distributed to his co-defendants, and at least one of which featured a binary trigger, allowing the gun to shoot at a higher rate by causing two bullets to fire with each trigger cycle. Arnold, Evetts and others also used an encrypted messaging app to coordinate their moves, according to the DOJ. The investigation found that one member of the group wrote “I’m done with peaceful protests” and “Blue lives don’t matter” as part of those conversations. A federal judge in Fort Worth previously decided that Arnold and Evetts must remain behind bars, along with six others tied to the case. Short for “anti-fascist,” antifa activism can be traced back to antiracists who opposed the activities of members of the Ku Klux Klan and neo-Nazis, according to a June 2020 report from the Congressional Research Service. The report describes antifa as “decentralized” and lacking a “unifying organizational structure or detailed ideology.” Instead, it consists of “independent, radical, like-minded groups and individuals” that largely believe in the principles of anarchism, socialism and communism. “There is no single organization called antifa. That’s just not the way these activists have ever organized themselves,” Michael Kenney, a professor at the University of Pittsburgh who has studied antifa, recently told CBS News. “There’s tremendous variation inside that movement, even on issues like political violence.” The FBI has warned about violence perpetrated by antifa adherents, and in 2017, then-FBI Director Chris Wray told Congress that the bureau was looking into “a number of what we would call anarchist extremist investigations, where we have properly predicated subjects who are motivated to commit violent criminal activity on kind of an antifa ideology,” according to CRS. Defense argues “antifa thinking” is not a crime Defense attorneys for Arnold and Evetts argued that anti-government beliefs and “antifa thinking” are not grounds for a crime. They downplayed their clients’ role in the Fourth of July incident, discounting the certainty of gunshot residue evidence, arguing that owning guns is legal, and laying the majority of the blame on Benjamin Hanil Song, one of 17 people initially arrested in connection with the attack. One defense attorney argued that their client did not know what was going to happen that night, thinking they were just driving to protest. July 4 attack at a Texas immigration detention The attack occurred around 11 p. m. on July 4 outside the Prairieland ICE detention facility, which houses between 1, 000 and 2, 000 immigration detainees. According to the Alvarado Police Department, officers responding to the scene saw a person carrying what appeared to be a firearm. When one officer attempted to engage, multiple suspects opened fire Body camera footage captured the chaos as gunfire erupted. One officer was struck in the neck and flown to a Fort Worth hospital. He was treated and later released. Authorities said more than 50 weapons were seized in connection with the group. Additional firearms were recovered days later when Song was found hiding in a Dallas apartment.
https://www.cbsnews.com/news/two-men-involved-in-ice-attack-in-north-texas-officially-charged-and-linked-to-antifa-terrorism/
