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Crypto exchange Binance is seeking to dismiss the majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion). The lawsuit, brought by BSV Claims Ltd, alleges that Binance and other exchanges colluded to delist the Bitcoin Satoshi Vision (BSV) cryptocurrency in 2019. The case is being heard at the UK's Competition Appeal Tribunal, with hearings beginning on June 5. BSV Claims Ltd is seeking $9 billion in damages from six companies, including Bittylicious, Payward, ShapeShift, Binance Europe, and KrakenFX, for the delisting of BSV.
BINANCE SEEKS TO DISMISS UK COLLUSION CASE OVER BSV TOKEN - @Binance has requested the UK Competition Appeal Tribunal to dismiss most of a collusion case against it and three other crypto exchanges regarding the delisting of the BSV token in 2019. - $BSV Claims argues that the… https://t.co/wLrhSwgMUb https://t.co/svfADSQxEI
Crypto exchange Binance seeks to slash size of $13 bln UK lawsuit - Reuters
.@Binance asked the @CATribunal to throw out most of the claims against it and other exchanges in a UK lawsuit seeking more than 10 billion pounds for anticompetitive behavior relating to the delisting of the $BSV token in 2019. @sheldonreback reports. https://t.co/BBZhY0NKZB
