{"id":23858,"date":"2025-05-11T11:18:19","date_gmt":"2025-05-11T08:18:19","guid":{"rendered":"https:\/\/forklog.com\/en\/bsv-investors-renew-compensation-demands-over-delisting\/"},"modified":"2025-05-11T11:18:19","modified_gmt":"2025-05-11T08:18:19","slug":"bsv-investors-renew-compensation-demands-over-delisting","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bsv-investors-renew-compensation-demands-over-delisting\/","title":{"rendered":"BSV Investors Renew Compensation Demands Over Delisting"},"content":{"rendered":"<p>A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, <a href=\"https:\/\/www.law360.com\/corporate-crime-uk\/articles\/2337288\/crypto-traders-seek-to-revive-part-of-10b-binance-claim\">intends<\/a> to continue legal proceedings against Binance following the coin&#8217;s delisting in 2019.<\/p>\n<p>The coin was removed as part of a routine &#8220;re-evaluation&#8221; of listed assets. The delisting was announced amid criticism of BSV&#8217;s creator, Craig Wright, who had declared himself to be Satoshi Nakamoto.<\/p>\n<p>Changpeng Zhao, then head of the exchange, promised to delist BSV if Wright persisted in claiming to be Bitcoin&#8217;s creator. The community sided with Binance. The &#8220;fake Satoshi&#8221; continued his assertions, and in April 2019, the delisting took place.<\/p>\n<p>In 2024, BSV investors <a href=\"https:\/\/x.com\/BitMEXResearch\/status\/1798292886703989234\">demanded<\/a> $9 billion in compensation for lost profits. The figure was calculated based on the growth of Bitcoin and BCH between 2019 and 2024. A British court dismissed the plaintiffs&#8217; claims, noting that coin holders had been informed of the impending delisting and could freely withdraw and exchange their coins. However, the case remained open.<\/p>\n<p>Nearly a year later, investors are seeking to overturn the court&#8217;s decision. They argue that the delisting on Binance and several other major platforms prevented BSV from achieving success alongside Bitcoin.<\/p>\n<p>At the time of writing, the coin is trading at $41.6, down 90% from its all-time high of around $425, recorded in 2021.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdmc_gqFpBnwGOxOPRxLMkjx_2BD0Uix9gtyE48CkneR7tu2L3EwW1KxApWn-DM1wqesBKALgod9r1lLEKp1Qp2fNvf63MzHEG8s5jl_Q9ZGNbL4Q7YGYWFyeJ64Md9OFlr0ovqhg?key=cyxuPjcbRwyCjGnwVtOzjA\" alt=\"BSV Investors Renew Compensation Demands Over Delisting\"\/><figcaption class=\"wp-element-caption\">Weekly BSV\/USD chart. Data: <a href=\"https:\/\/www.tradingview.com\/chart\/tKQZRJip\/?symbol=OKX%3ABSVUSD\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Back in April 2025, Binance <a href=\"https:\/\/forklog.com\/en\/news\/crypto-community-criticizes-potential-zcash-delisting-on-binance\">faced<\/a> community criticism over the inclusion of the anonymous cryptocurrency Zcash in a delisting vote.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, intends to continue legal proceedings against Binance following the coin&#8217;s delisting in 2019. The coin was removed as part of a routine &#8220;re-evaluation&#8221; of listed assets. The delisting was announced amid criticism of BSV&#8217;s creator, Craig Wright, who had declared himself to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1086,1162,810],"class_list":["post-23858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-bitcoin-sv","tag-court-cases","tag-united-kingdom"],"aioseo_notices":[],"amp_enabled":true,"views":"51","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23858"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23857"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}