The investors in Bitcoin Satoshi’s vision (BSV) – a hard fork of bitcoin cash (Bch), which itself is a hard fork of bitcoin (Btc) Protocol, trying to revive a 2019 lawsuit against Crypto Exchange Binance for altcoin removal, which litigants claimed the price of BSV.
According to Law360The lawyers for the plaintiffs argued that a July 2024 decision From the UK Competition Appeal Tribunal that removed the “loss of opportunity” made against Binance for token removal, should be re -considered. The litigants demands $ 9 billion in injuriesin the original case.
Investors continue to claim that The 2019 Delisting of BSV And the same major exchange exchanges are the main drivers of long -term decline in BSV prices and its failure to attract the investor’s attention to enjoyed by Bitcoin.
If the coalition of investors in BSV manages to push through their legal argument and win the court, they can search up to 10 billion British Pounds (GBP), or approximately $ 13 billion, to injuries from the exchange.
BSV prices advanced approximately 15% following the news and currently traded around $ 42. However, Altcoin remains in a long -term downtrend and failed to capture most of the economic power or computing from the Bitcoin network.
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Binance is changing BSV because of founder Craig Wright’s behavior
Binance erased the BSV in April 2019 after announcing that the token failed to meet its listing standards due to actions by BSV creator Craig Wright, who was vain in the crypto world for the misinterpretation that he was the creator of Bitcoin Satoshi Nakamoto.
Former CEO of Binance Exchange, Changpeng Zhao BSV warned of an upcoming removal If Wright continues to do the claims that he is a pseudonymous creator of Bitcoin.
https://www.youtube.com/watch?v=GS8DMU17E14
Since at that time BSV has Suffered some 51% attack.
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