A Florida appeals court has reignited a lawsuit against Binance, reviving a case alleging the exchange failed to freeze stolen Bitcoin worth $80 million. The court’s decision stems from its finding that the lower court dismissed the case too quickly regarding Binance’s potential jurisdiction in Florida due to user activity within the state. The ruling now returns the case to a trial court where arguments will focus on whether Binance engaged in sufficient business activity in Florida and if it acted proactively following notification of the theft. Plaintiffs argue that after their Bitcoin was stolen, portions of the funds flowed through addresses associated with Binance. The company’s failure to respond promptly despite receiving notice is now under scrutiny. This case adds to a growing trend of US courts scrutinizing global exchanges serving American users, particularly those involving stolen assets and consumer harm.