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.
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