The UK appeals court has largely dismissed a $13.3 billion class action against Binance, where Bitcoin SV (BSV) investors argued that the token's delisting in 2019 crushed its growth potential. The court rejected claims that BSV could have reached Bitcoin-level values if it remained listed, stating that such damages were speculative and unsupported. The lawsuit was narrowed considerably, but smaller claims from investors who lost access to their BSV or sold at a loss might still proceed. The court upheld a 2024 decision that required claimants to mitigate losses when a functioning market exists, emphasizing that investors had a duty to take reasonable steps to reduce their losses. This decision was a significant setback for BSV investors, who sought damages based on projections of BSV's potential future value that the court found unrealistic. The validity of the claims was further undermined as expert testimony compared BSV to Bitcoin and Bitcoin Cash, questioning its uniqueness as an asset.

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