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Kyle Baird

Alabama magistrate dismisses Binance terror-financing case, gives plaintiffs until April 10, 2026 to refile

A federal magistrate judge in the Middle District of Alabama dismissed a terrorism-financing lawsuit against Binance entities and BAM Trading Services on procedural grounds, finding the amended complaint legally and factually deficient. The court gave the plaintiffs until April 10, 2026 to submit a new filing that separates claims, specifies which plaintiffs sue which defendants, and clearly links each defendant's alleged conduct to the attacks and injuries at issue.