As the plaintiffs try to cancel a previous judicial decision, the long -standing conflict between Bitcoin SV investors and the cryptocurrency exchange binance has entered into a new internship.
Investors continue to affirm that Binance’s decision to eliminate Bitcoin SV (BSV) of its platform caused substantial damage to the market to cryptocurrency.
The legal representatives of the BSV Holder coalition have submitted to challenge the dismissal of the United Kingdom Competition Court in July 2024. According to recent judicial documents, they argued that the Court did not properly consider the total economic impact of the action that stands out.
Multimillionaire claim at stake
The revived case could lead to one of the largest claims in cryptocurrency history, and BSV investors pursue compensation that, according to reports, exceeds the £ 10 billion (approximately $ 13 billion) for relief and anti -petive.
Market analysts write down the renewed legal action coincided with a temporary price increase for Bitcoin SV. The currency saw a gain of 15% before settling in the range of $ 42 at the time of publication. Despite this momentary manifestation, cryptocurrencies listed below its historical maximums.
The controversy arose from the Binance decision of DIST BSV in April 2019, duration of a discussion of the controversial industry about the founder of La Moneda and its doubtful statements about the beginnings of Bitcoin. Several other important exchanges continued with similar exclusive actions shortly after.
Industry observers suggest that this case could have to have important important precedents regarding the exchanges of authority to determine which cryptocurrencies remain accessible to merchants, and Whiteher decisions that eliminate underground anti -competitive decisions.
BSV, which emerged after a hard bifurcation controversial, has faced several technical and security challenges in recent years. Critics say that their network vulnerabilities are the justification of the original decisions that stand out.
The exchange has previously maintained that its listing policies apply consistently depending on the technical merit and community standards instead of the action directed against specific projects.
