Binance seeks to reduce a $13bn lawsuit filed by BSV Claims, accusing it of anticompetitive behavior in delisting BSV in 2019.
Crypto exchange Binance is seeking to reduce the size of a $13bn lawsuit filed in London by BSV Claims, a group representing over 200,000 BSV (Bitcoin Satoshi Vision) owners. The lawsuit accuses Binance, along with other exchanges, of engaging in anticompetitive behaviour in 2019 by delisting BSV, causing the value of BSV to plummet and preventing it from becoming a "top tier" cryptocurrency. Binance is arguing that the part of the case about BSV's alleged potential to become a major cryptocurrency should be rejected as the users who held onto BSV after it was delisted made a voluntary decision.
June 05, 2024
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