A summary of the claim, being brought in the Competition Appeal Tribunal on behalf of an estimated 240,000 UK investors in Bitcoin SV (BSV), is now listed on the CAT tribunal website BSV Claim CAT website.
For ‘crypto’ insiders, one’s opinion on Bitcoin SV (BSV) appears less based on the technology’s merits than on how closely one is linked to Roger Ver.
Early last week, a U.K. collective proceedings order was filed against Binance, Kraken, Shapeshift, and Bittylicious in response to the 2019 delisting of BSV.
The collective proceedings order accuses the exchanges of colluding to delist BSV without good reason, reducing, preventing, and distorting competition in the United Kingdom as a result.
Nearly £10 billion class action lawsuit was filed this week in the United Kingdom against Binance, Kraken, Bittylicious, and Shapeshift over collectively delisting the BSV in 2019.
The claim alleges that beginning in April 2019, BSV holders in the United Kingdom suffered losses estimated up to £9.9 billion as a result of the delisting of BSV by exchanges Binance, Bittylicious, Kraken and Shapeshift.
A £9.9 billion class action lawsuit has been filed against Binance, Bittylicious, Kraken and Shapeshift on behalf of BSV investors over the exchanges’ collective delisting of the digital asset.
Kraken was founded in 2011 by Jesse Powell while visiting his friend Roger Ver in Tokyo to deal with the aftermath of an early security breach at Mt. Gox exchange.
ShapeShift has reportedly delisted a number of "privacy coins" from its platform due to regulatory risks associated with the use of Monero, DASH and Zcash.
There is a rising wave of indictments and litigation finally bringing these exchanges—and their employees—to justice.
Connor Murray recounts his experience of pitching his project, TrueReviews, to a panel of investors at the first Bitcoin Association BSV Venture Pitch Day in Seoul.