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Bitcoin SV investors have filed to revive a 'loss of chance' claim in a UK legal case against Binance, seeking to pursue the highest potential penalty in the matter. The lawsuit, initially dismissed by the UK Competition Appeal Tribunal in 2024, alleges that Binance's 2019 delisting of Bitcoin SV caused a prolonged decline in its price. The claim is valued at approximately $13.3 billion. Separately, Citigroup Inc. faces a revived lawsuit from investors who allege losses exceeding $1 billion due to fraud involving a Mexican oil services company, following a federal appeals court decision.
Citigroup Inc. will have to face a lawsuit from investors who claim they lost more than $1 billion in a fraud involving a Mexican oil services company after a federal appeals court revived the case Thursday. https://t.co/5HLW1PAkxW
According to Law360, Bitcoin SV (BSV) investors are trying to revive a lawsuit that was dismissed by the UK Competition Appeal Tribunal in 2024, alleging that Binance's delisting of BSV in 2019 caused its price to fall for a long time, and the amount of the claim is as high as 10
[DECRYPT] Bitcoin SV Investors File to Revive 'Loss of Chance' Claim in $13.3 Billion Case With #Binance $BSV $BNB
