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Bloomberg: Binance Users Allowed to Reopen Lawsuit Over $80 Million Bitcoin 'Hack'

2025.12.04 07:02:47

December 4 (Bloomberg) — A fraud victim is suing Binance Holdings Inc. in state court, alleging the cryptocurrency exchange was involved in the theft of $80 million worth of Bitcoin. The Florida Third District Court of Appeal ruled Wednesday that a lower court **erroneously concluded** it lacked personal jurisdiction over Binance. In its ruling, the appeals court also noted the case claims Binance failed to take further steps to freeze the stolen funds.
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