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

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.

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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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