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RedotPay stories

Sep 16, 2026

Hamas military wing told donors to avoid Binance, use alternative crypto platforms

Hamas' military wing Al Qassam Brigades advised potential donors to avoid using Binance for cryptocurrency transfers and instead use platforms including Bybit, OKX, Kast, and Redotpay, according to U.S. Department of Justice documents released in September 2026.

Sep 16, 2026·2 sources
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Aug 5, 2026

Binance Affiliates Sue RedotPay Founders for $470-473 Million Over Alleged User Diversion

Binance-affiliated companies have filed a lawsuit in Hong Kong against RedotPay's co-founders, alleging they breached a partnership agreement by diverting more than 470,000 Binance Card users to RedotPay's own stablecoin payment card service. RedotPay has vowed to vigorously defend against the claims.

Aug 5, 2026·8 sources
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Binance affiliates sue RedotPay founders for $473 million over alleged user diversion scheme

Binance-affiliated companies filed a lawsuit against RedotPay founders alleging the Hong Kong crypto payments firm diverted more than 470,000 users from Binance Card in breach of commercial agreements, seeking $473 million in damages.

Aug 5, 2026·4 sources
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Jul 23, 2026

Cryptocurrency platforms launch Visa-linked cards to enable spending digital assets without selling

Multiple cryptocurrency wallet providers are introducing Visa-branded payment cards that allow users to spend their digital assets in everyday transactions. BloFin Wallet announced a Visa card alongside perpetual contract trading features, while RedotPay launched an RLUSD card enabling 8 million users to spend against their XRP holdings through a margin loan structure.

Jul 23, 2026·5 sources
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Top claims

  • ▪The Al-Qassam Brigades recommended alternative applications including Trust Wallet, Bybit, OKX, Kast, and RedotPay for transferring funds to an external TRON blockchain wallet.
  • ▪The Al-Qassam Brigades, the military wing of Hamas, advised potential donors to avoid using Binance for crypto transfers and instead consider alternative platforms, according to a U.S. Department of Justice asset-seizure warrant.
  • ▪The U.S. Treasury Department stated in its 2026 terrorist financing risk assessment that groups including Hamas and ISIS continue to use cryptocurrency for some donations, though traditional financial services remain their preferred method.

Topics

Crypto privacy & surveillanceCrypto exchangesCrypto regulationCrypto Sanctions ComplianceAnti-money laundering (AML)Terrorism & counterterrorismCrypto enforcement actionsCrypto payments regulationStablecoinsCryptoHong KongCrypto paymentsInstitutional crypto adoptionCrypto & banking regulationCryptocurrenciesDeFi lending

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