Reynolds
Reynolds v. Binance Holdings Ltd.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 STEVEN CODY REYNOLDS, Case No. 20-cv-02117-JSC
Plaintiff,
ORDER RE MOTION TO DISMISS
v. AND MOTION TO STAY
BINANCE HOLDINGS LTD., Re: Dkt. Nos. 20 & 21 Defendant.
Steven Cody Reynolds brings claims of conversion, unjust enrichment, and negligence against Binance Holdings Limited alleging Binance unlawfully seized and confiscated his property in the form of cryptocurrency. Binance moves to dismiss the complaint pursuant to Federal Rule of Civil Procedure 12(b)(2) for lack of personal jurisdiction. After consideration of the parties’ briefing and having had the benefit of oral argument on August 13, 2020, for the reasons set out below the Court GRANTS Binance’s motion to dismiss for lack of personal jurisdiction, and DENIES Mr. Reynold’s request to conduct jurisdictional discovery. BACKGROUND A. Complaint Allegations Mr. Reynolds is a cryptocurrency investor who provides consulting…