Gate News reports that on March 12, an official from a certain CEX posted on social media stating that the Southern District of New York and the Northern District of Alabama federal courts dismissed hundreds of plaintiffs’ anti-terrorism-related lawsuits against the exchange and its founders last week. The courts reaffirmed the legal standards required to bring such serious charges. The exchange shared a public response from the Democratic side of the U.S. House Foreign Affairs Committee, which previously mentioned that the exchange admitted to violating Iran sanctions and involved money laundering allegations in 2023, as well as former President Trump’s pardon of the exchange’s founder. The exchange emphasized in its statement that it will continue to cooperate with sanctions enforcement and looks forward to bipartisan collaboration.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gemini Space Station Hit With Securities Fraud Class Action Over Misrepresentations of Crypto Platform
Bernstein Liebhard LLP has launched a securities fraud class action against Gemini Space Station, Inc. (GEMI), claiming misleading statements about its cryptocurrency platform. Investors can join the lawsuit by May 18, 2026, with no upfront costs.
GateNews7m ago
Ukraine Dismantles International Cybercrime Ring, Seizes $3M in Cryptocurrency
A suspect connected to an international cybercriminal group was arrested in Ukraine for $100 million in fraud and money laundering. Police seized $11 million in assets and $3 million in cryptocurrency. The suspect faces charges for document forgery and money laundering.
GateNews38m ago
Justin Sun Blasts World Liberty Financial's Governance Proposal as "Coercion," Escalating Trump Altcoin Feud
Tensions escalated between Tron founder Justin Sun and Trump-backed WLFI over a controversial governance proposal that penalizes dissenting voters. Sun criticized the proposal as coercive and absurd, alleging WLFI attempted to monopolize power.
GateNews41m ago
Senator Warren Presses Musk on X Money Risks, Citing Stablecoin Concerns and Regulatory Gaps
Senator Elizabeth Warren has asked Elon Musk for details on X Money, a payments feature for X, raising concerns about stablecoin risks, regulatory issues, financial stability, and data privacy, with a response due by April 21, 2026.
GateNews7h ago
Florida and Massachusetts jointly recover $5.4 million in cryptocurrency scam assets
The Florida State Attorney’s Office and the Marion County Sheriff’s Office jointly recovered $5.4 million in cryptocurrency scam funds, involving an investment fraud scheme that used romance as a cover. Some of the funds have been returned to victims in Florida and Massachusetts. Since its inception, CFEU has recovered $7.2 million, and another $12.6 million in assets remains frozen. Massachusetts has also carried out multiple law-enforcement actions, shutting down scam websites and recovering funds.
MarketWhisper12h ago