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Home » Blog » Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit
Crypto

Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit

John Anderson
John Anderson
Published May 10, 2025
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Bitcoin Satoshi’s vision investors (BSV), a hard fork of Bitcoin Cash (BCH), which is a hard fork of the Bitcoin protocol (BTC), are trying to relive a demand for crypto exchange against the height of the high ups and downs of the high ups and downs. The Altisting the Altisting the Altisting the Altitator, BSV.

According to Law360, the lawyers of the plaintiffs argued that a decision of the appeal of the United Kingdom competence that dismisses the claim of “loss of possibilities” made against Binance for the elimination of the token must reconsider. The litigants demanded $ 9 billion in damages, in the original case.

Investors continue to affirm that the elimination of BSV BSV in 2019 of Binance and the main important exchange drivers are the main drivers of the decrease in long -term prices of BSV and its breach of attention the intention enjoyed by Bitcoin.

Law, Bitcoin SV
BSV has been in a decrease in long -term prices and has not been able to capture the investment. Fountain: Commercial view

If the BSV investors coalition manages to boost its legal argument and win in the Court, they could look for up to 10 billion British pounds (GBP), or approximately $ 13 billion, in damage to the exchange.

The price of BSV increased by approximately 15% after the news and is currently quoted by around $ 42. However, the Altcoin remains in a long -term bearish trend and has failed to capture the vast majority of the economic or computer power of the Bitcoins network.

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Binance delists BSV due to the behavior of founder Craig Wright

Binance eliminated BSV in April 2019 after announcing that the Token did not meet its listing standards due to the actions of BSV Craig Wright, who is infamous in the cryptographic world to affirm that he is the creator of Bitcoin Satoshi Nakamoto.

The former Binance Exchange CEO, Changpeng Zhao warned BSV or an imminent exclusion if Wright continued to make the statements that he was Bitcoin’s pseudonym creator.

https://www.youtube.com/watch?v=gs8dmu17e14

Since that time, BSV has suffered several 51%attacks, a type of exploit in which malicious nodes control most computer power in the network and can make double expense funds one of the central mechanisms that make digital currencies valuable.

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