Crypto exchanges face £10bn lawsuit from UK investors in landmark litigation case 

Mark Battersby
clock • 3 min read

A cluster of high profile crypto-asset exchanges are facing a £10bn lawsuit from UK investors over the delisting of a cryptocurrency in the first UK competition claim over digital assets.  Binance, Bittylicious, Kraken and Shapeshift allegedly caused an estimated 240,000 UK investors to lose £10bn collectively when the exchanges delisted cryptocurrency Bitcoin Satoshi Vision, according to law firm Velitor Law which is acting for the investors.  In a statement, Velitor Law acting for BSV Claims said it had filed a collective opt-out claim against various leading cryptocurrency exchange...

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