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    Home»Crypto News»US choose transfers Binance lawsuit to Florida, citing first-to-file rule
    US choose transfers Binance lawsuit to Florida, citing first-to-file rule
    Crypto News

    US choose transfers Binance lawsuit to Florida, citing first-to-file rule

    By Crypto EditorApril 22, 2025No Comments3 Mins Read
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    A US choose has granted Binance’s movement to switch a case involving allegations it facilitated cash laundering to the Southern District of Florida as a consequence of an identical case that had already been earlier than the courts there.

    The case, filed in August 2024 in Washington, centered on the identical core subject as a go well with filed in June 2023 in Florida, accusing Binance of permitting cybercriminals to make use of the platform for cash laundering, US District Decide Barbara Rothstein mentioned in an April 21 order. 

    “Though the 2 complaints describe the proposed courses in barely totally different phrases, each embody the identical proposed class of people whose cryptocurrency was stolen and transferred to a Binance.com account in the course of the related interval,” Decide Rothstein mentioned.

    “Subsequently, this Courtroom concludes that the courses of plaintiffs are sufficiently much like warrant utility of the first-to-file rule.”

    US choose transfers Binance lawsuit to Florida, citing first-to-file rule
    US District Decide Barbara Rothstein mentioned transferring the Washington lawsuit to Florida was acceptable given the similarity to a case already being heard there. Supply: Law360

    The primary-to-file rule permits a courtroom to say no a ruling on a matter when a criticism involving the identical events and points has already been filed in one other district. Usually, the courtroom that first hears the case normally retains jurisdiction, in line with authorized useful resource LSD Legislation.

    Plaintiffs say the lawsuits differ in key areas 

    Attorneys performing for the plaintiffs within the Washington case argued that it differed from the Florida go well with as a result of it added different accusations not current within the Florida lawsuit and named former CEO Changpeng “CZ” Zhao as a defendant. 

    In addition they argued that transferring the case might postpone each courtroom actions to the “detriment of all plaintiffs.”