Incredible
BSV Claims Ltd is appealing to the British courts, asking six defendants to pay $9 billion in compensation to BSV holders for missing out on the rise of this round of bull market and the growth opportunity of tokens due to the delisting of BSV tokens by exchanges. The defendants believe that BSV token holders are not locked, so they can sell and buy other cryptocurrencies at any time, so they should not be compensated.
BSV Claims Limited was established in May 2022 to initiate a class action lawsuit against the delisting of BSV by exchanges. The company's directors include former Lord Chancellor and Justice Secretary Robert Buckland and the first chairman of the UK Competition Markets Authority David Currie.
Binance delisted the token in 2019, and BSV Claims believes this is collusion in anti-competitive behavior. Binance lawyer Brian Kennelly said that BSV holders "can reasonably sell it and reinvest it in similar cryptocurrencies." Other defendants in the case include Bittylicious, Kraken and Shapeshift.
On June 5, the London Court of Appeal held a hearing on a lawsuit against multiple exchanges for delisting BSV. The deadline for this case is three days.
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