BSV Investors Attempt to Revive 2019 Lawsuit Against Binance, Seeking up to $13 Billion

BlockBeats News, May 11th, according to Cointelegraph, BSV investors are attempting to revive a lawsuit filed in 2019 due to Binance's delisting of BSV, with the plaintiffs claiming that this decision suppressed the BSV price. The original lawsuit sought $9 billion in damages, as investors believed that the delisting was a major factor in the long-term price decline of BSV and the lack of investor attention.

The current lawsuit seeks to reconsider the claims dismissed by the UK Competition Appeal Tribunal in 2024. If successful, the compensation amount could reach $13 billion.