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News Explorer — UK Court Dismisses Majority of $13.3 Billion Class Action Against Binance Over Bitcoin SV Delisting

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May 22, 10:59 am
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UK Court Dismisses Majority of $13.3 Billion Class Action Against Binance Over Bitcoin SV Delisting

The UK Court of Appeal dismissed most of the $13.3 billion class action against Binance, rejecting the investors' theory that Bitcoin SV would have reached Bitcoin's price if not delisted in 2019. The court found the claim speculative and not legally applicable, narrowing the lawsuit's scope.

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