UK Court Dismisses $13.3B Speculative Claim Against Binance Over BSV Delisting

A UK court has dismissed the majority of a $13.3 billion lawsuit against Binance, filed by BSV investors who alleged that the exchange’s delisting of Bitcoin SV (BSV) caused them significant potential profits. The claimants argued that BSV could have rivaled Bitcoin or Bitcoin Cash in value, but the court rejected this speculative "foregone growth" theory. The investors sought damages amounting to 352 times their original BSV holdings, claiming that Binance’s 2019 delisting prevented them from realizing these gains. The court’s decision underscores the challenges of proving speculative losses in cryptocurrency-related cases and reinforces the legal boundaries for such claims against exchanges like Binance.

UK Court Rejects $13.3B Speculative Damage Claim Against Binance Over BSV Delisting

A UK court has dismissed the bulk of a $13.3 billion lawsuit against Binance, filed by BSV investors who claimed the exchange’s delisting cost them potential profits. The claimants argued BSV could have rivaled Bitcoin or Bitcoin Cash, but the court rejected this speculative "foregone growth" theory.

Investors sought damages 352 times their original BSV holdings, alleging Binance’s 2019 delisting prevented them from capitalizing on BSV’s hypothetical rise. The ruling highlights the legal challenges of assigning liability for crypto market volatility, with the court finding no unique value proposition in BSV compared to other cryptocurrencies.

Dogecoin Eyes $1 as Open Interest and Trader Sentiment Turn Bullish

Dogecoin’s price rally has reignited speculation about a potential surge to $1, with the meme coin testing a critical resistance level between $0.20 and $0.25. A breakout could cement DOGE’s position as one of the market’s top-performing assets.

Open interest has stabilized at $2.7 billion—half of its 2021 peak but double February’s levels—signaling renewed institutional engagement. Binance’s long-to-short ratio of 2.23 shows 69% of traders are betting on further upside.

The fading FUD that previously dogged the asset has created room for technical momentum to build. Market structure now resembles the consolidation phases preceding DOGE’s historical parabolic moves.

3 Affordable Cryptos With Massive Upside Potential This Cycle

Meme coins are no longer just fleeting internet trends—they are emerging as serious contenders in the crypto market, with select tokens poised for exponential growth. Analysts highlight three low-price, high-potential meme coins that could surge to $1 or beyond, offering early investors a chance to capitalize on bullish momentum.

Floki, inspired by Elon Musk’s Shiba Inu, has evolved beyond its meme origins to build a robust ecosystem on ethereum and BNB Chain. Its dual-chain presence and expanding utility position it as a standout candidate for significant gains.

UK Judges Slam $11.9B Bitcoin SV Lawsuit – Proof of Losses Now Required

UK courts have delivered a landmark ruling that could reshape cryptocurrency litigation. The £9 billion Bitcoin SV lawsuit against Binance collapsed on May 21 after judges demanded concrete proof of actual losses rather than hypothetical gains. This precedent-setting decision narrows viable claims to two investor groups and establishes stringent evidentiary requirements for crypto-related damages.

The verdict arrives as UK regulators face mounting pressure to accelerate licensing approvals. Industry observers warn that bureaucratic delays risk driving crypto firms to competing financial hubs. Meanwhile, post-2026 compliance rules loom large—platforms failing to report user trades will face steep £300-per-user penalties.

Market participants note the ruling effectively nullifies speculative crypto lawsuits built on projected returns. Courts will now require cold, hard data rather than aspirational valuations when adjudicating digital asset disputes. The decision particularly impacts BSV investors who failed to liquidate positions following the token’s delisting.

Avalanche Nears Chainlink’s Market Cap as Crypto Rally Continues

Avalanche’s AVAX surged 9.7% in 24 hours, narrowing the gap with Chainlink’s market valuation to just $37 million. The broader crypto market added 2.1% as bitcoin reached a record $111,544, fueling altcoin momentum.

AVAX now threatens LINK’s position as the 15th-largest cryptocurrency by market cap. The $10.47 billion layer-1 blockchain has gained traction during May’s risk-on environment, mirroring Bitcoin’s bullish breakout pattern.

BNB Chain Surges Past $686 Amid CZ-Linked Speculation and DeFi Momentum

BNB Chain’s native token skyrocketed to $686 on May 22, overtaking solana in market activity as transaction volume spiked 600% and average fees collapsed to $0.11. Traders now speculate an $800 breakout could be imminent, fueled by resurgent DeFi interest and lingering market fascination with former Binance CEO Changpeng Zhao’s social media presence.

The rally underscores how low transaction costs and renewed decentralized finance activity are diverting liquidity to BNB Chain, even as Bitcoin dominates broader crypto market attention. No single catalyst explains the surge—possible drivers range from stablecoin developments to pure speculation—but the chain’s infrastructure advantages are drawing measurable capital flows.

Since CZ’s 2024 departure from Binance as part of a legal settlement, his sporadic online commentary has repeatedly correlated with increased BNB trading volume. Though no longer officially affiliated with the exchange, his influence persists as a psychological market factor.