Binance Challenges $13 Billion Collusion Lawsuit Over BSV Delisting
The UK Competition Appeal Tribunal hears Binance's bid to dismiss claims of anti-competitive behavior linked to the 2019 Bitcoin SV delisting.
- Plaintiffs argue delisting Bitcoin SV cost holders $9 billion in potential gains.
- The lawsuit represents over 200,000 BSV holders seeking compensation.
- Binance and other exchanges are accused of colluding to suppress BSV's value.
- Binance's legal team contends BSV holders could have reinvested in other cryptocurrencies.
- The tribunal's decision will impact the future of collective proceedings in the UK.