The U.K. Competition Appeal Tribunal has certified a £9.9 billion class action claim from investors against multiple cryptocurrency exchanges. The claimants, investors in Bitcoin Satoshi Vision (BSV), accuse six crypto exchanges of “colluding to delist BSV from their exchanges” in 2019, causing significant financial damage. Lawyers from Allen & Overy and Hogan Lovells are set to defend this high-stakes case.
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