BlockBeats News, May 22nd, according to Cointelegraph, the UK Court of Appeal partially dismissed SBV investors' lawsuit against multiple large cryptocurrency exchanges, including Binance, accusing these exchanges of colluding to delist the BSV token in 2019.
According to the judgment made by the court on May 21st, investors holding BSV and who went through the delisting process (classified as the "B Subset") do not have the right to claim speculative losses of billions of pounds based on assumed growth of BSV.
These investors had claimed over 8.9 billion pounds (approximately $11.9 billion), alleging that Binance's delisting deprived them of the opportunity to profit from BSV potentially appreciating to become a "top-tier cryptocurrency" like Bitcoin (BTC) or Bitcoin Cash.
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