The Court of Appeal in the United Kingdom has partially dismissed a lawsuit brought by Bitcoin SV investors against major crypto exchanges, including Binance, for allegedly conspiring to delist the token in 2019. The court ruled that investors who held BSV during the delisting period were not entitled to speculative damages based on BSV's potential growth. The investors had claimed over $11.9 billion in damages, arguing that Binance's delisting prevented them from profiting from BSV's rise. However, the court rejected this claim, stating that BSV was not unique and investors had opportunities to mitigate their losses. The court also dismissed arguments related to market mitigation and future price gains. Binance's limited strike-out application was successful, limiting potential claims for damages. Additionally, Binance is seeking to dismiss a separate $1.76 billion lawsuit filed by the FTX estate, attributing FTX's collapse to internal fraud. Read more AI-generated news on: https://app.chaingpt.org/news

#BTC