Nov. 25 (UPI) -- The families of hundreds of U.S. citizens killed or injured by Hamas on Oct. 7, 2023, accuse cryptocurrency exchange Binance of supporting terrorism.

The families of 306 U.S. citizens harmed or killed during the attack filed a 272-page federal lawsuit in the U.S. District Court of North Dakota on Monday.

They say Malta-based Binance marketed its services to "terrorist organizations, narcotics traffickers and tax evaders" by emphasizing that Binance is "beyond the reach of any single country's laws or regulations," the lawsuit says, as reported by The New York Times.

The plaintiff families accused Binance of conducting transactions that totaled more than $1 billion on behalf of Hamas and other terrorist organizations.

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