Binance wins legal victory as UK court partially dismisses BSV lawsuit

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MarsBit
05-22
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Mars Finance News, on May 22, according to Cointelegraph, the UK Court of Appeal partially rejected a lawsuit filed by BSV investors against multiple major cryptocurrency exchanges, including Binance, which accused these exchanges of conspiring to delist BSV tokens in 2019. According to the court's ruling on May 21, investors holding BSV who experienced its delisting (classified as "Class B subset") are not entitled to claim speculative losses of billions of pounds based on BSV's hypothetical growth. These investors had claimed over 8.9 billion pounds (approximately 11.9 billion USD), asserting that Binance's delisting deprived them of the opportunity to profit from BSV's potential appreciation as a "top cryptocurrency" (like BTC or Bitcoin Cash).

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