List of Flash News about UK court ruling
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2025-05-21 15:16 |
UK Court Rejects £9.3 Billion BSV Claims Against Kraken and Binance: Minimal Impact on Crypto Market
According to BitMEX Research, the UK's Court of Appeal has rejected BSV Claims' attempt to pursue Kraken and Binance for BSV's 'forgone growth effect,' effectively ending the £9.3 billion lawsuit (source: BitMEX Research, May 21, 2025). The case now concerns a significantly smaller amount, estimated to be about 360 times less. This outcome removes a major legal overhang for both Kraken and Binance, supporting greater market stability for BSV and reducing regulatory uncertainty for leading crypto exchanges. |