Binance off the hook from $8M Tinder ‘pig butchering’ lawsuit

The biggest cryptocurrency exchange in the world, Binance, has had a lawsuit against it dismissed because of a "pig butchering" cryptocurrency fraud that was run on the dating app Tinder.



According to a decision made by U.S. District Judge Amos Mazzant on May 22, there is no proof that Binance Holdings Ltd. helped commit the theft, which involved a Texas woman who was reportedly defrauded of $8 million by a man she met on Tinder.



The Texan woman, Divya Gadasalli, was allegedly "promised romance and financial prosperity" by a person going by the name of "Jerry Bulasa" on Tinder, but she ultimately lost more than $8 million, according to the lawsuit.



Gadasalli claimed Bulasa persuaded her to send millions of dollars in what turned out to be a "pig butchering" scam, in which the con artist spends weeks or months cultivating a


First found on: https://coinatory.com/2023/05/23/binance-off-the-hook-from-8m-tinder-pig-butchering-lawsuit/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP