UK Supreme Court refuses BSV appeal, narrowing $13 billion lawsuit against crypto exchanges

UK Supreme Court refuses BSV appeal, narrowing $13 billion lawsuit against crypto exchanges

Irina Heaver, founder of NeosLegal, said the ruling confirms exchanges are not required to support assets the market no longer trusts, curbing claims tied to BSV

UK Supreme Court Rejects BSV Appeal, Trimming $13B Case Against Crypto Exchanges

TL,DR The UK Supreme Court in the BSV case refused to hear the appeal in a $13 billion lawsuit against exchanges. The decision validates previous rulings that limit speculative damages for lost future gains following delisting. The ruling is a key legal victory for exchanges like Binance and sets a precedent on listing/delisting liability. The UK Supreme Court dealt a major blow this week to one of the largest crypto-related lawsuits. The court…

UK Supreme Court Shuts Down $13 Billion Bitcoin SV Case Appeal

Bitcoin SV (BSV) investors had their appeal refused by the UK Supreme Court, dismissing a $13 billion claim in the process.

U.K. Supreme Court Rejects $13B BSV Lawsuit, Upholding Crypto Exchange Delisting Rights

The U.K. Supreme Court has refused to hear an appeal in a long-running $13 billion lawsuit brought by Bitcoin Satoshi Vision (BSV) investors, delivering a decisive legal win for major cryptocurrency exchanges and reinforcing limits on exchange liability for token delistings. In a short decision released on Dec. 8, the Supreme Court said the application by BSV Claims Limited did not raise an arguable point of law or an issue of general public imp…

Supreme Court rejects $12B BSV claim against Kraken, Binance

The UK Supreme Court has rejected a $12 billion appeal that sought damages from Binance, Kraken, and other crypto exchanges over the delisting of Bitcoin Satoshi Vision (BSV).  BSV Claims Limited first argued back in 2024 that a series of token delisting events cratered BSV’s value and stunted its potential growth as a Bitcoin competitor.  Unfortunately, Supreme Court judges Miles, Hodge, and Rose rejected its most recent request to appeal on De…