In brief

  • Bitcoin SV investors are appealing to have their “forgone growth effect” claim reinstated against Binance, arguing they lost over $13 billion when BSV was delisted in 2019.
  • The Competition Appeal Tribunal previously rejected this specific claim, ruling that most investors could have mitigated losses by trading BSV for other cryptocurrencies.
  • The case is part of a larger class action against multiple exchanges that delisted BSV, complicated by allegations that BSV creator Craig Wright falsely claimed to be Bitcoin’s inventor.

Bitcoin SV (BSV) investors have asked the UK Court of Appeal to readmit their claim that Binance’s delisting of BSV in April 2019 caused them to lose out on significant growth in the value of their holdings.

In July 2024, the Competition Appeal Tribunal struck out a particular element of the group’s complaint, which argued that the Binance delisting resulted in a “forgone growth effect,” preventing BSV from developing into a “top tier” cryptocurrency.

It’s this part

Go to Source to See Full Article
Author: Simon Chandler

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:
[X] Click Here to Hide Donation Details

DeCrypt

DeCrypt

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Related Posts ...

Comments are disabled.