Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters

Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters


Binance lawyers asked the Competition Appeal Tribunal to remove claims BSV could have become a major cryptocurrency had it not been delisted. Holders of the token missed out on a potential $9 billion of gains, according to litigant BSV Claims.

Binance asked the U.K.’s Competition Appeal Tribunal (CAT) to throw out most of a collusion case against it and three other crypto exchanges brought by BSV Claims in a suit that could be worth as much as 10 billion British pounds ($13 billion), Reuters reported.

The exchanges delisted the token in 2019, in what BSV Claims argues was collusion in anticompetitive behavior. As a

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