Motley Rice filed a lawsuit against cryptocurrency exchange, Binance Holdings Ltd., and the company’s founders Changpeng Zhao and Guangying “Heina” Chen, on behalf of victims of the October 7 attacks. The complaint alleges the Binance platform was intentionally designed to evade oversight, enabling criminal and terrorist organizations like Hamas to move enormous sums of money without detection and finance various acts of terrorism including the October 7 attacks. The lawsuit was filed in the U.S. District Court in the District of North Dakota and is titled Balva et al v. Binance Holdings Limited et al.
Case Overview
The Hamas attack on Israel on October 7, 2023, killed more than 1,200 people, injured thousands and led to the abductions of more than 200 civilians. On November 17, 2024, more than 250 families and dozens of individuals filed a lawsuit against the Islamic Republic of Iran in a U.S. District Court, alleging that the Iranian government coordinated and financed the October 7 attacks. The lawsuit also named Hamas (Harakat al-Muqawama al-Islamiya), Iran’s Islamic Revolutionary Guard Corps (IRGC), Palestinian Islamic Jihad (“PIJ”), Hezbollah, and the Popular Front for the Liberation of Palestine (“PFLP”) as defendants. Subsequently, several additional lawsuits have been filed against other countries, private citizens, and companies for materially supporting Hamas and/or facilitating the October 7 attacks.
Key takeaways about Hamas lawsuits
- On October 7, 2023, the Hamas terrorist organization launched the deadliest attack on Israel in the nation’s history.
- U.S. laws allow Americans or their survivors, heirs or estates to sue private entities if they’re killed by international terrorists.
- Motley Rice LLC is currently representing U.S. victims and their family members asserting their legal rights to seek justice for deaths and injuries sustained in the terrorist attacks carried out on and around October 7, 2023.
What happened in the Hamas terrorist attack on Israel?
On October 7, 2023, the Hamas terrorist organization waged the deadliest attack on Israel in its history, murdering more than 1,200 men, women and children, injuring thousands, and taking over 251 people hostage.
Terrorists attacked music festivals, public spaces and Israeli military installations, including the headquarters of the Israel Defense Forces (IDF) Gaza Division.
Why are people filing lawsuits against Hamas and Iran?
U.S. law allows citizens and their families who are impacted by international terrorism to sue private entities and state sponsors of terrorism. This allows people to file lawsuits against both the parties responsible for the attacks and those responsible for financing the attacks. Credible information links financial support from Iran to the terror attack launched by Hamas on October 7, 2023.
In August 2025, the Supreme Leader of Iran’s official website published a statement by a managing editor of a state-run publication. In it, the editor stated the October 7 attacks were the result of years of planning by Iran. By this time, however, the connection between Iran and Palestinian terrorist groups was well known. Evidence of this connection includes:
- Documents seized in Gaza: These documents connect Hamas leader Yahya Sinwar (killed by the Israeli military in October 2024) to payments from Iran. They show evidence of payments from Iran’s Islamic Revolutionary Guard Corps (IRGC).
- U.S. State Department 2020 Country Reports on Terrorism: The U.S. State Department reported that Iran provides $100 million annually in support to Palestinian terrorist groups.
Who are the defendants in the Hamas lawsuits?
The initial lawsuit named the Islamic Republic of Iran and the IRGC as the Iranian Defendants. The lawsuits also include entities collectively known as the FTO (Foreign Terrorist Organization) Defendants:
- Harakat al-Muqawama al-Islamiya (aka Hamas)
- Palestinian Islamic Jihad
- Hezbollah
- Popular Front for the Liberation of Palestine
The Syrian Arabic Republic was added as a defendant in May 2025.
Lawsuits have also been filed against private individuals and companies alleged to have provided critical financing and infrastructure for the October 7 attacks, including:
- Binance Holdings Limited (Binance)
- Changpeng Zhao
- Guangying “Heina” Chen
- Bashar Masri
- Palestine Development & Investment Company (PADICO)
- Palestine Real Estate Investment Company (PRICO)
- Palestinian Industrial Estate Development Company (PIEDCO)
- Massar International Limited
Who can bring a claim?
- U.S. nationals who were victims of terrorist attacks
- Family members of U.S. nationals who were killed, regardless of their nationality
- U.S. service members
- U.S. government contractors
U.S. terrorism laws may allow Hamas and its financiers to be held accountable
If you have a loved one who was harmed in the October 7 attacks on Israel, you may be able to file a lawsuit against Hamas and any other responsible foreign parties.
U.S. law creates several pathways to holding those involved in terrorist attacks accountable and provide compensation to victims, including:
- Suing state sponsors of terrorism under the Foreign Sovereign Immunities Act (FSIA)
- Suing private entities under the Anti-Terrorism Act (ATA)
- Receiving compensation from the U.S. Victims of State Sponsored Terrorism Fund (USVSST Fund)
The terrorism exception of the U.S. Foreign Sovereign Immunities Act
Under the Foreign Sovereign Immunities Act (FSIA) a United States national can bring a lawsuit in U.S. court against a designated state sponsor of terrorism. This is known as the “terrorism exception” and is found at 28 U.S.C. § 1605A(c). The list of designated state sponsors of terrorism currently includes the Islamic Republic of Iran, the Syrian Arab Republic, the Democratic People’s Republic of Korea (North Korea), and Cuba.
A U.S. national may bring a lawsuit under the FSIA “for personal injury or death caused by [an act of torture, extrajudicial killing, aircraft sabotage, hostage taking, or the provision of material support or resources for such an act by] that foreign state….”
How long does litigation under FSIA take?
On behalf of eligible plaintiffs, Motley Rice files lawsuits against the designated state sponsor of terrorism – the defendant. The defendant will be notified that a lawsuit was filed against them in U.S. courts, which can take up to 1 year. Once notified, the defendant must then respond within 60 days.
A defendant who does not respond to this notice can be held in default. To obtain a default judgment against the defendant, we must provide evidence to the court showing that the defendant was involved in supporting Hamas for the October 7, 2023, attacks.
The court can take some time reviewing the evidence before deciding whether to grant a default judgment. Upon obtaining a default judgment, we must then provide evidence to the court supporting the amount of monetary damages each Plaintiff seeks.
We understand this is an extensive process, but we are determined to fight alongside our clients for as long as it takes.
The U.S. Victims of State Sponsored Terrorism fund (USVSST)
If a monetary judgment is entered by the court against a designated state sponsor of terrorism, it is possible to file a claim with the U.S. Victims of State Sponsored Terrorism Fund. This fund was created by Congress and is administered by the U.S. Department of Justice.
It may provide one method of compensation for our clients’ losses.
Can I sue private entities involved in the Hamas attack on Israel?
Yes. Under the Anti-Terrorism Act (ATA), an injured United States national or their survivors, heirs, or estates if they were killed by international terrorism can sue private entities. This includes financial institutions or cryptocurrency exchanges. In addition, as was the case with our November 17, 2024, filed complaint, we are pursuing claims against the various Foreign Terrorist Organizations (FTOs) that were involved in these attacks. They include Hamas, the Palestinian Islamic Jihad, Hezbollah, and the Popular Front for the Liberation of Palestine.
While Binance Holdings Ltd. may be a viable defendant in an ATA action going forward, our investigation continues into other sources of funding for the various FTOs involved in the October 7 attacks to determine additional defendants against whom claims may be brought in federal court in the United States to try and cut off the funding mechanisms used by these FTOs.
How do I receive compensation from Hamas terrorist attack lawsuits?
Similar to cases under the FSIA, Anti-Terrorism Act cases are time consuming. It is not uncommon for private entities and individuals sued under the ATA to engage in a stout defense through large law firms in the United States. These tactics can elongate the time that anti-terrorism cases can take to reach trial, assuming they have not been dismissed prior to that time or settled in advance of trial.
Motley Rice has experience representing terror-victim clients in cases that have lasted over a decade, demonstrating our commitment to our clients. These cases include our decades-long pursuit of justice on behalf of thousands of victims and family members of the terrorist attacks on September 11, 2001, and our representation of American victims of terrorist attacks in Israel against the Arab Bank.
If a monetary judgment is entered by the court against a designated state sponsor of terrorism, it is possible to file a claim with the U.S. Victims of State Sponsored Terrorism Fund. This fund was created by Congress and is administered by the U.S. Department of Justice. For judgments against private entities, compensation generally comes from them and/or their insurance.
Resources from the federal government
- U.S. Victims of Terrorism Abroad Task Force
- Department of State’s Overseas Citizens Services:
- From the U.S. & Canada: 1-888-407-4747
- From Overseas: +1 202-501-4444
Iran and Hamas lawsuit timeline
11.24.25
Motley Rice files lawsuit against Binance
08.26.25
Motley Rice files lawsuit against Bashar Masri
Motley Rice filed a lawsuit on behalf of victims of the October 7 attacks against naturalized U.S. citizen and billionaire real estate mogul Bashar Masri, his real estate companies PADICO, PRICO, and PIEDCO, and holding company Massar International Ltd. for their alleged role in securing capital and developing infrastructure across Palestine that would then be used by Hamas to execute the October 7 attacks. The lawsuit was filed in the U.S. District Court in the Southern District of Florida and is titled Shalom et al v. Masri et al.
05.09.25
Motley Rice amends Weiser lawsuit against Iran and Hamas to include Syria
Motley Rice amended the Weiser lawsuit to add the Syrian Arabic Republic (Syria) as a defendant due to Syria’s alleged role providing material support to the IRGC, Hezbollah, Hamas, PIJ, and PFLP prior to the October 7 attacks.
11.17.24
Motley Rice files lawsuit against Iran, the IRGC, Hamas, PIJ, Hezbollah and the PFLP
Motley Rice filed a lawsuit in the U.S. District Court in the District of Columbia on behalf of victims of the October 7 attacks against the perpetrators and alleged funders. The case is titled Weiser et al v. Islamic Republic of Iran et al, 1:24-cv-03244.
09.03.24
U.S. Department of Justice charged Iran and foreign terrorist organizations
The U.S. Department of Justice announced charges against Hamas leaders. The charges allege that Iran funds the group’s acts of terrorism. The complaint also said that cryptocurrency allows Hamas to conduct anonymous transactions.
10.07.23
Terrorist launched deadliest attack in Israel’s history
Hamas, allegedly financed by Iran and with support from several terrorist organizations, launched the deadliest attack against Israel in its history. It ended the lives of more than 1,200 people and injured thousands more.
12.01.22
Terrorist organizations plot attack against Israel
A secret planning meeting for the attacks allegedly took place among Hamas political and military leaders.
How do I cope with the psychological aftermath?
The negative psychological and physical impact that victims and family members of victims of terrorist attacks face can be substantial.
For information on effects and practical coping methods:
- Office for Victims of Crime (OVC) – U.S. Department of Justice
For information on how to cope as a family member of a victim:
Our experience with terrorism cases
Our attorneys have worked for decades to support families and survivors of terrorism on U.S. soil and abroad. Our work is largely facilitated by the Anti-Terrorism Act (ATA), a law that allows U.S. victims to sue terrorists and their financial and material supporters in U.S. federal court.
In Linde et al. v. Arab Bank PLC, our anti-terrorism team sued Arab Bank for nearly 40 U.S. victims of bombings in Israel and Palestinian Territories who alleged the bank’s financing of Hamas and other terrorist groups enabled the attacks. The case marked the first time that a financial institution had been brought to trial under the ATA and resulted in a confidential settlement.
In addition, Motley Rice has helped victims of terrorism including:
- 9/11 terrorist attacks
- International hotel bombings
- Roadside bombs
Key takeaways about Hamas lawsuits
What happened in the Hamas terrorist attack on Israel?
Why are people filing lawsuits against Hamas and Iran?
What to do if someone you know was affected by the October 7 attacks
Resources from the federal government
Iran and Hamas lawsuit timeline
How do I cope with the psychological aftermath?
Our experience with terrorism cases
- Sources
- Associated Press. Lawsuit accuses Iran, Syria and North Korea of providing support for Hamas’ October 7 attack on Israel.
- CNN. US victims of October 7 attacks file a new lawsuit against Hamas, Syria, Iran and North Korea.
- Fox News. Families of American October 7 Hamas attack victims sue Iran for ‘crucial role’ in supporting massacre.
- The New York Times. Families of American Victims of October 7 Attack Sue Iran.
- U.S. Department of Justice. Justice Department Announces Terrorism Charges Against Senior Leaders of Hamas.
U.S. District Court. Case No. 24-cv-3244.
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