As plaintiffs attempt to overturn a prior court decision, the long-running conflict between Bitcoin SV investors and cryptocurrency exchange Binance has entered a new stage.
The investors are continuing to assert that Binance’s decision to remove Bitcoin SV (BSV) from its platform caused substantial market damage to the cryptocurrency.
Legal representatives for the BSV holder coalition have filed to challenge the UK Competition Appeal Tribunal’s July 2024 dismissal. According to recent court documents, they argued that the court failed to properly consider the full economic impact of the delisting action.
Multi-billion pound claim at stake
The revived case could result in one of the largest damages claims in cryptocurrency history, with BSV investors pursuing compensation that reportedly exceeds £10 billion (approximately $13 billion) for alleged market manipulation and anti-competitive…
