Lahav

Lahav v. Binance Holdings Limited

Good Law
United States District Court, Northern District of CaliforniaApril 15, 20243:23-cv-05038California1,137 words

Opinion

Trial Court Opinion

Case 1'25-md-030/60-KMM Document 610 Entered on FLsD Docket 04/12/2024 Page □□□□ Case MDL No. 3076 Document 277 Filed 04/11/ Page 1 of

UNITED STATES JUDICIAL PANEL a) Severino oA Kalle ff Adams _ on OY oae__Apr 12, 2024"

MULTIDISTRICT LITIGATION

IN RE: FTX CRYPTOCURRENCY EXCHANGE

COLLAPSE LITIGATION MDL No. 3076

TRANSFER ORDER

Before the Panel:* Plaintiff and defendants! in the action listed on Schedule A (Lahav) move under Panel Rule 7.1 to vacate the order conditionally transferring the action to MDL No. 3076. Lead counsel for plaintiffs in the MDL oppose the motion and support transfer. The actions in MDL No. 3076 involve common factual questions concerning the collapse of the FTX cryptocurrency exchange in November 2022 and the subsequent bankruptcy of FTX Trading Ltd. and its US. affiliate FTX US (together, FTX). See In re FTX Cryptocurrency Exchange Collapse Litig., _F.Supp.3d__, 2023 WL 3829242 (J.P.M.L. June 5, 2023). Plaintiffs in the centralized actions allege that FTX executives fraudulently withheld or misrepresented information with respect to…

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