Binance Scores Legal Win as UK Court Partially Dismisses Bitcoin SV Lawsuit

Legal triumph for Binance in the United Kingdom In a significant turn in the cryptocurrencies field, Binance has achieved a legal triumph in the United Kingdom by obtaining the partial dismissal of a Bitcoin SV-related lawsuit.This case not only accentuates Binance's position within the cryptographic ecosystem, but also has important implications for future regulation in the cryptocurrencies area.Background of the conflict The judicial confronta…

The court in the UK rejected the claims of Bitcoin SV investors $ 11.9 billion - World Stock Market

The London Appeal Tribunal (Sat) rejected the collective lawsuit of the Bitcoin SV (BSV) investors against the cryptocurrency exchange of Binance, Kraken, Shapeshift and BittyLicious about the compensation of financial losses in the amount of 8.9 billion pounds (about $ 11.9 billion). Investors of Bitcoin SV, who owned digital assets at the time of his divisting in April June 2019, accused the administration of leaflets of cryptocurrency excha…

UK Court Rejects Binance BSV Delisting Lawsuit Damages

On May 21, the court dismissed claims tied to hypothetical price gains following the 2019 delisting of BSV. A group of investors—known in the case as “sub-class B”—had sought over £8.9 billion ($11.9 billion) in compensation. They argued the delisting erased their opportunity to benefit if BSV had evolved into a leading cryptocurrency like Bitcoin or Bitcoin Cash. Court Says Missed Gains Are Speculative The court rejected the argument that the d…

Court Dismisses BSV Lawsuit Seeking £8.9 Billion From Binance

The United Kingdom's Court of Appeal partially dismissed a lawsuit brought by Bitcoin SV investors against major cryptocurrency exchanges on May 21, 2025. Cointelegraph reports that the court rejected claims worth over £8.9 billion ($11.9 billion) from investors who held BSV during the 2019 delisting period. The ruling denied speculative damages based on hypothetical growth scenarios where BSV could have become a "top-tier cryptocurrency" like B…

UK court rejects 'loss of chance' argument in BSV lawsuit against Binance

A UK appellate judge has upheld a tribunal’s decision to strike out a key damages argument in the landmark BSV Claims Ltd v. Binance and Kraken class action,  A UK appeals court has dismissed most of a $13.3 billion class…

Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

A UK court rejected a $11.9 billion damages claim from Bitcoin SV investors, ruling that Binance’s 2019 delisting didn’t entitle holders to speculative growth compensation.