Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters

Sheldon Reback is a CoinDesk news editor based in London. He owns a small amount of ether.

Binance lawyers asked the Competition Appeal Tribunal to remove claims BSV could have become a major cryptocurrency had it not been delisted.

Holders of the token missed out on a potential $9 billion of gains, according to litigant BSV Claims. Binance asked the U.K.'s Competition Appeal Tribunal to throw out most of a collusion case against it and three other crypto exchanges brought by BSV Claims in a suit that could be The exchanges delisted the token in 2019, in what BSV Claims argues was collusion in anticompetitive behavior. As a result token holders missed out on potential gains of more than 9 billion pounds, the firm said. It calculated the loss by looking at gains made by other cryptocurrencies since then, BitMEX Research said.could have become a major cryptocurrency.

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