According to recent court statements shared by BSV Claims on Twitter, the legal team for BSV has conceded the 'forgone growth effect' and now focuses their appeal on the specific timing of events regarding class B claims. The judge clarified that if BSV prevails on this point, class B would no longer qualify as a class, which could limit the scope of potential settlements or liabilities. This development reduces short-term legal uncertainty for BSV, potentially stabilizing its price and affecting overall market sentiment toward BSV and similar altcoins (Source: BSV Claims Twitter, June 2024).

According to Paul Grewal (@iampaulgrewal), a detailed legal explanation has been submitted to the district court, potentially impacting ongoing cryptocurrency-related litigation. This could influence market participants' strategies as legal outcomes may affect regulatory environments.