UK tribunal starts hearing $9B BSV delisting case

According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities.

A case involving multiple exchanges delisting a certain token in 2019 continues to play out after five years, with the United Kingdom authorities starting proceedings against six companies.

The U.K.’s Competition Appeal Tribunal started a hearing on June 5 against six exchanges that delisted the forked cryptocurrency Bitcoin SV (BSV) in 2019.

The defendants include some of the world’s biggest crypto exchanges, such as Binance’s European arm, Binance Europe Services. Other defendants include Erik Voorhees’ crypto exchange ShapeShift, Kraken (represented as Payward), the Bitcoin (BTC) exchange Bittylicious and related entities.

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