On Thursday, Binance requested a federal judge in Texas for the removal of its name in a lawsuit claiming the involvement of the crypto exchange alleging it “aided and encouraged” a romance scam.
The user Divya Gadasalli is taking legal action against Binance claiming that the company was allegedly involved in the scam. According to Divya, Binance played a role in the scheme which incorporated cashing out crypto that she bought on Coinbase.
She will also be suing TD Bank, Poloniex crypto exchange, and Abacus Federal Savings Bank among others.
The plaintiff is demanding $8 Million as a settlement. Binance backed up their claim of removing the name by telling the court that Gadasalli based her allegations on paper-thin assertions and she does not have concrete evidence to establish a claim.
The exchange also said that it does not do any business in the United States and as an outsider, it is not subject to the “personal jurisdiction” of the U.S. Federal System.
Moreover, Binance also cited numerous dismissals recently of other cases in federal court including California, Florida, and New York.
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