Binance is being sued for 13 billion for delisting the BSV cryptocurrency

British investors are seeking compensation for losses from crypto exchange Binance related to the exclusion of the Bitcoin SV (BSV) cryptocurrency from circulation, Happycoin reports.

According to the lawsuits, filed in May 2025, users claim that they lost profits due to the coin's delisting in April 2019. The amount of the claims is 10 billion British pounds (about $13.3 billion), making the lawsuit one of the largest in the history of the crypto industry.

Bitcoin SV was created in November 2018 as a result of a hard fork of Bitcoin Cash (BCH). However, five months later, the Binance exchange delisted the asset from its list of trading pairs, citing the actions of its creator Craig Wright, who impersonated Bitcoin inventor Satoshi Nakamoto. The platform’s founder, Changpeng Zhao, warned that BSV would be blocked if Wright continued to spread misinformation about his involvement in BTC.

A group of aggrieved traders had previously filed a $9 billion lawsuit, but in 2024, an appeals court dismissed the complaint, calling it unfounded. Now, lawyers have initiated a second stage of the legal conflict, appealing the decision and demanding compensation of £10 billion. Since May 7, 2025, the value of BSV has jumped by 28%, but experts doubt that this is due to the resumption of litigation.

“The rally is likely due to a general recovery in the crypto market rather than lawsuits,” analysts noted.

However, on May 8, the coin's price consolidated above the level of the downward trend that formed in late April, which may signal the beginning of a new upward movement.

Earlier, we wrote that the Binance platform was hit bya wave of criticism due to the fact that the platform included the Zcash (ZEC) token in the list for voting on delisting. In addition to it, the list included the JASMY and FTT coins.