A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, intends to continue legal proceedings against Binance following the coin’s delisting in 2019.
The coin was removed as part of a routine “re-evaluation” of listed assets. The delisting was announced amid criticism of BSV’s creator, Craig Wright, who had declared himself to be Satoshi Nakamoto.
Changpeng Zhao, then head of the exchange, promised to delist BSV if Wright persisted in claiming to be Bitcoin’s creator. The community sided with Binance. The “fake Satoshi” continued his assertions, and in April 2019, the delisting took place.
In 2024, BSV investors demanded $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’ 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.
Nearly a year later, investors are seeking to overturn the court’s decision. They argue that the delisting on Binance and several other major platforms prevented BSV from achieving success alongside Bitcoin.
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.
Back in April 2025, Binance faced community criticism over the inclusion of the anonymous cryptocurrency Zcash in a delisting vote.
