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A UK appellate court has dismissed most of a $13.3 billion class action lawsuit against binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance, rejecting claims that Bitcoin SV (BSV) could have matched Bitcoin’s value if not delisted. The ruling deals a major blow to over 240,000 investors seeking damages.
- The Court of Appeal rejected the speculative 'foregone growth' argument, which claimed BSV could have rivaled Bitcoin if not delisted.
- The lawsuit involved 240,000 investors and targeted Binance, Kraken, and other exchanges for allegedly harming BSV's market by delisting it.
- The ruling leaves open smaller claims for investors who suffered immediate losses but dismisses the bulk of the $13.3 billion case.
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