$12B BSV delisting claim against Binance, Kraken hits UK Supreme Court
A £9 billion ($12 billion) legal claim against Binance, Kraken, and a number of other major crypto exchanges has reached the UK Supreme Court in the form of a request for permission to appeal. The appeal has been filed by BSV Claims Limited on behalf of Bitcoin Satoshi Vision (BSV) holders who allege that exchanges, including Binance, Kraken, Bittylicious, and ShapeShift colluded to delist the token in 2019. The claimants previously took their case to the Competition Appeal Tribunal in 2024, where they argued that, not only were they owed for BSV’s deprecating price, but that they also suffered a “forgone growth effect,” meaning BSV was robbed of a chance to appreciate in price similar to bitcoin (BTC) . The £9 billion BSV Claims Limited vs Kraken, Binance & other exchanges case, for delisting BSV in 2019 has now moved up to the highest court in the land, the Supreme Court It went from the Competition Appeal Tribunal, to the Court of Appeal & now BSV claims in ap...