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Market
Will Binance face legal action in the US over the seizure of Palestinian assets by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Court filings, news reports from reputable sources
Story
Binance Seizes Palestinian Assets at Israel's Request; CEO Ray Youssef Denies Blanket Seizure
Aug 27, 2024, 10:58 PM
Ray Youssef, CEO of Bitcoin P2P marketplace NoOnes, stated that Binance has seized all Palestinian assets following a request from the Israel Defense Forces (IDF). The IDF claims the funds were linked to a Gaza-based organization involved in terrorism, prompting the seizure under Israeli anti-terrorism laws. Binance denies a blanket seizure and says only accounts associated with illegal activities are affected. This action has sparked scrutiny and controversy, with calls for boycotting Binance emerging.
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Similar markets
Yes • 50%
No • 50%
Assets returned • 25%
Assets permanently seized • 25%
Legal settlement reached • 25%
No resolution • 25%
Predominantly supportive of Binance • 25%
Predominantly critical of Binance • 25%
Mixed reactions • 25%
Indifferent • 25%
Yes, by SEC • 25%
Yes, by CFTC • 25%
Yes, by another regulatory body • 25%
No further actions • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
