UK Court Partially Dismisses $13.3B Lawsuit Against Binance

A UK court has partially dismissed a lawsuit filed by Bitcoin SV (BSV) investors against Binance and other cryptocurrency exchanges for allegedly orchestrating the token’s removal in 2019. The investors sought $13.3 billion in damages, alleging that Binance, along with other platforms, deliberately delisted BSV to hinder its potential success as a major cryptocurrency. However, the Court of Appeal ruled that investors holding BSV during the delisting period did not have the right to billions of dollars in speculative losses based on a hypothetical rise in its value. 2019.