Florida Appeals Court Reopens $80 Million Binance Lawsuit Over Bitcoin Theft

Binance is facing new legal challenges after a Florida appeals court reinstated a lawsuit alleging negligence related to the theft of over 1,000 BTC in 2022. The court found that Binance maintained sufficient U.S. and Florida connections through its affiliates and infrastructure, overturning a lower court’s dismissal. This decision sets the stage for a trial where the plaintiff’s claims of negligence, contract breach, and failure to freeze user funds will be reexamined.