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The UK Court of Appeal has delivered a decisive ruling in favor of Binance and several crypto exchanges. It partially dismissed a $11.9 billion lawsuit over the delisting of Bitcoin SV (BSV). The judgment on May 21 found that investors could not claim damages for hypothetical profits they might have earned had the token remained [&#8230;]

Binance Prevails in $11.9B BSV Lawsuit as UK Court Rules Investors Lack Claim to Crypto Earnings

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The post ‘No Right to Crypto Profits for Investors’: Binance Beats $11.9B BSV Lawsuit in UK appeared first on Coinpedia Fintech News

‘No Right to Crypto Profits for Investors’: Binance Beats $11.9B BSV Lawsuit in UK

In an ecosystem where judicial decisions influence both trajectories and technologies, a ruling made this week dampened the hopes of thousands of Bitcoin SV (BSV) investors. On Tuesday, May 21, the UK Court of Appeal partially dismissed a class action lawsuit against Binance and several other exchange platforms, bringing a halt, at least temporarily, to legal proceedings that have been under way for five years.

UK Court Sides With Binance In Landmark BSV Case

Bitcoin SV (BSV) cryptocurrency has today jumped by more than 9% to hit an intraday high of $40.29 according to Coingecko data, following Binance&#8217;s win in the UK BSV delisting court case. The UK Court of Appeal delivered a ruling that effectively narrows the scope of a $13.3 billion class action lawsuit brought by BSV [&#8230;]

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Binance Prevails in $11.9B BSV Lawsuit as UK Court Rules Investors Lack Claim to Crypto Earnings

‘No Right to Crypto Profits for Investors’: Binance Beats $11.9B BSV Lawsuit in UK

UK Court Sides With Binance In Landmark BSV Case

Bitcoin SV price jumps as Binance secures crucial win in UK BSV delisting lawsuit

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