A Florida case involving alleged theft of $80 million in Bitcoin from a victim’s Binance account is moving forward after an appeals court overturned a lower court’s dismissal. The Florida Third District Court of Appeals ruled that the case can proceed, citing evidence suggesting Binance conducts business activities within Florida despite its lack of direct operational presence in the state. The lawsuit claims scammers accessed the victim’s account and transferred the Bitcoin to unknown addresses, and despite being notified by the exchange, Binance failed to freeze the funds in time, leading to permanent loss of assets. The defendant claims it has no direct operations in Florida, but the appeals court disagreed, setting the stage for discovery, hearings, and further investigation. This decision could impact other global crypto exchanges seeking to avoid state-level jurisdiction while serving U.S. users. Meanwhile, this lawsuit adds to Binance’s ongoing legal challenges, including federal scrutiny over compliance and operational practices. As the case progresses, the Florida court will determine whether Binance is liable for allegedly failing to protect customer assets during the alleged crypto theft.