BSV Investors Revive Lawsuit Against Binance, Blame Delisting for Token’s Decline

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BSV Investors Revive Lawsuit Against Binance, Blame Delisting for Token’s Decline

Investors in Bitcoin Satoshi’s Vision (BSV) are renewing their legal fight against Binance, seeking nearly £10 billion (~$13 billion) in damages over the exchange’s 2019 decision to delist the token.

The move, they argue, significantly hurt BSV’s visibility and long-term value.

The case was previously dismissed by the UK Competition Appeal Tribunal in 2024, but plaintiffs now want the ruling revisited, claiming the delisting triggered a market ripple effect that stifled adoption and price growth.

BSV briefly surged 15% on news of the renewed lawsuit, yet the token remains in a prolonged downturn. Once forked from Bitcoin Cash, BSV has failed to gain traction and has endured multiple 51% attacks.

Binance originally dropped BSV over concerns tied to Craig Wright, the token’s controversial figurehead, who claims to be Bitcoin’s creator. That move, paired with other major exchange delistings, is now at the center of what could be one of crypto’s largest legal battles.

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Alexander Zdravkov

Reporter at Coindoo

Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.

Source: https://coindoo.com/bsv-investors-revive-lawsuit-against-binance-blame-delisting-for-tokens-decline/