BSV investors are attempting to revive a 2019 lawsuit filed after Binance delisted BSV
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BSV investors are attempting to revive a 2019 lawsuit filed after Binance delisted BSV
According to Cointelegraph, BSV investors are attempting to revive a lawsuit initiated in 2019 after Binance delisted BSV, claiming the decision suppressed BSV's price. The original lawsuit sought $9 billion in damages, with investors arguing that the delisting was the primary cause of BSV's prolonged price decline and lack of investor interest. The current filing requests a reconsideration of claims previously dismissed by the UK Competition Appeal Tribunal in 2024. If successful, compensation could reach $13 billion.
Navigating Web3 tides with focused insightsTechFlow news, May 11 — According to Cointelegraph, BSV investors are attempting to revive a lawsuit originally filed in 2019 after Binance delisted BSV, claiming the decision suppressed the price of BSV. The original lawsuit sought $9 billion in damages, with investors arguing that the delisting was the primary reason for BSV's prolonged price decline and diminished investor interest. The current filing requests reconsideration of claims previously dismissed by the UK Competition Appeal Tribunal in 2024. If successful, compensation could reach $13 billion.
