The U.K.’s Competition Appeal Tribunal started a hearing against Binance, Kraken, ShapeShift and other firms for delisting BSV in 2019.
According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities.
A case involving multiple exchanges delisting a certain token in 2019 continues to play out after five years, with the United Kingdom authorities starting proceedings against six companies.The defendants include some of the world’s biggest crypto exchanges, such as Binance’s European arm, Binance Europe Services.
The Bitcoin Cash fork battle triggered a split in the community, with different firms and prominent figures seeking to push their own narrative. Roger Ver, Bitmain and exchanges like Binance and Coinbase reportedly supported another forked coin, Bitcoin ABC.The class action lawsuit once again revisits a scandal involving a wave of BSV delistings in April 2019. Exchanges like Binance or Kraken reportedly provided no clear reason for the decisions to delist the token.
According to the plaintiffs, those who held BSV after the 2019 delistings are due $9 billion in compensation due to the growth opportunity that they missed.
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