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.

Overview

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.