Tweet-related crypto class action to proceed, but faces significant headwinds

Class action against cryptocurrency exchanges for losses allegedly caused by collusion to delist the Bitcoin Satoshi Vision cryptocurrency. 

In July 2024, the Competition Appeal Tribunal (the Tribunal) partially allowed a strike-out application, whilst agreeing to certify, a class action brought by BSV Claims Limited (BCL) against a group of cryptocurrency exchanges for losses allegedly caused by collusion to delist the Bitcoin Satoshi Vision (BSV) cryptocurrency. 

Background

Cryptocurrencies are

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