• Written by: Kosta Gushterov
• Thu, 22 May 2025
•   Romania

On May 21, the court dismissed claims tied to hypothetical price gains following the 2019 delisting of BSV. A group […]The post UK Court Rejects Binance BSV Delisting Lawsuit Damages appeared first on Coindoo.

UK Court Rejects Binance BSV Delisting Lawsuit Damages

On May 21, the court dismissed claims tied to hypothetical price gains following the 2019 delisting of BSV.

A group of investorsknown in the case as sub-class Bhad sought over £8.9 billion ($11.9 billion) in compensation.
They argued the delisting erased their opportunity to benefit if BSV had evolved into a leading cryptocurrency like Bitcoin or Bitcoin Cash.

Court Says Missed Gains Are Speculative

The court rejected the argument that the delisting blocked BSV from becoming a top-tier asset.
Judges found this foregone growth theory speculative and flawed, stating BSV had clear alternatives in the market.
In fact, investors themselves referenced Bitcoin and Bitcoin Cash as comparablesundermining their claim of BSVs uniqueness.

Sir Geoffrey Vos, Master of the Rolls, emphasized that investors had a responsibility to minimize losses.
They had a duty to mitigate their losses, Vos stated. They cannot recover losses they could reasonably have avoided.

Final Ruling Narrows Scope of Case

While some parts of the lawsuit remain active, this ruling significantly weakens the investors overall case.
The courts decision sends a message: speculative damages based on what might have happened wont stand in UK financial law.

The post UK Court Rejects Binance BSV Delisting Lawsuit Damages appeared first on Coindoo.