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

BlockBeats News, December 4th: According to Bloomberg, a fraud victim is set to receive a new opportunity as they sue Binance Holdings Inc. in state court, accusing the company of being involved in the theft of $80 million worth of Bitcoin. The ruling was made by the Florida District Court of Appeal on Wednesday.

The Florida Third District Court of Appeal noted in its ruling that the trial court erroneously concluded it lacked personal jurisdiction over Binance, while the case alleges that the cryptocurrency exchange failed to further freeze the stolen funds.