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The UK Court of Appeal has dismissed a multi-billion-dollar claim by Bitcoin SV (BSV) investors against crypto exchanges like binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance. The court ruled that investors could have mitigated losses after the token’s delisting in 2019. The decision marks a significant legal setback for speculative damages claims in crypto.
- UK Court of Appeal dismissed an $11.9B claim by BSV investors against Binance and other exchanges.
- Investors argued delisting deprived them of BSV's potential rise to a 'top-tier cryptocurrency.'
- Court ruled speculative damages based on hypothetical growth were not justified.
📎 Related coverage from: cointelegraph.com
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