TechFlow, April 22 — According to Cointelegraph, U.S. District Judge Barbara Rothstein ruled on April 21 to transfer a lawsuit accusing Binance of aiding money laundering from Washington to the Southern District of Florida. The judge stated that the case substantially overlaps with a similar lawsuit filed in Florida in June 2023, and transferring it would avoid duplicative litigation and improve judicial efficiency. Although plaintiffs' attorneys argued differences between the two cases—including that the Washington case names former CEO Changpeng Zhao as a defendant—the judge found the plaintiff classes sufficiently similar to apply the "first-filed rule." The case was initially filed in Washington in August 2024, alleging that the Binance platform was used to launder stolen cryptocurrency.
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