According to BitMEX Research, both Kraken and Binance will not be mandated to compensate their clients £9 billion in damages following the delisting of Bitcoin SV (BSV). This legal outcome removes a significant potential financial burden on these major exchanges, reducing near-term regulatory and reputational risks. For crypto traders, the decision stabilizes operational outlooks for Kraken and Binance, and minimizes the likelihood of forced compensation payouts affecting liquidity or trading conditions on these platforms. The BSV market itself may experience continued volatility as a result of its limited exchange listings, but the broader cryptocurrency ecosystem avoids a precedent that could have impacted exchange token valuations or increased legal exposure for other delistings (Source: BitMEX Research, Twitter, May 8, 2025).