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The UK Court of Appeals has dismissed a £9 billion lawsuit filed by BSV Claims Ltd against binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance and other exchanges over the 2019 delisting of Bitcoin Satoshi Vision (BSV). The court ruled that claimants failed to prove irreparable harm, citing available market alternatives. The case highlights legal challenges in quantifying speculative crypto losses.
- Court upheld 'market mitigation rule,' requiring investors to minimize losses by selling delisted assets.
- Rejected speculative 'foregone growth' claims, citing lack of legal precedent for crypto valuation theories.
- Ruling criticized procedural ambiguity but affirmed no trial was needed for sub-class claims.
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