Binance和其他人在BSV脫穎而出的$ 11.9B英國訴訟中

法院裁定，投資者沒有合法的假設加密貨幣利潤的權利。該決定設定了一個主要的先例限制未來的加密訴訟索賠。

Binance and several other crypto exchanges just scored a major win in the UK.

Binance和其他幾次加密交易所在英國取得了重大勝利。

A high-stakes class-action lawsuit brought by Bitcoin SV (BSV) investors was partially dismissed by the UK Court of Appeal on May 21.

5月21日，英國上訴法院部分駁回了由比特幣SV（BSV）投資者提起的高風險集體訴訟。

The case, which could have seen Binance pay up to $11.9 billion, was brought by investors who claimed they were unable to benefit from BSV’s potential price appreciation after Binance, Kraken, ShapeShift, and Bittylicious delisted the coin in 2019.

該案件本來可以看到二手車的付款高達119億美元，他們聲稱他們無法從BSV，Binance，Kraken，Shapeshift和Bittylicious在2019年將硬幣授予BSV的潛在價格讚賞。

However, the judges ruled that the investors had no legal right to hypothetical crypto profits and that they had a duty to mitigate their losses.

但是，法官裁定投資者沒有合法的假設加密貨幣利潤的權利，並且他們有責任減輕損失。

What Happened?

發生了什麼？

The case arose after Binance, Kraken, ShapeShift, and Bittylicious decided to cease trading BSV in 2019.

該案在Binance，Kraken，Shapeshift和Bittylicious決定在2019年停止交易BSV之後。

At the time, BSV was one of the more widely traded cryptos. It was also the target of considerable online criticism, with some commenters alleging that it was a scam.

當時，BSV是更廣泛的加密貨幣之一。這也是大量在線批評的目標，一些評論者聲稱這是一個騙局。

The investors, who were trading BSV in 2019 with Binance, ShapeShift, Bittylicious, and Kraken, claimed that the delisting would have prevented BSV from reaching its potential.

投資者在2019年以Binance，Shapeshift，Bittylicious和Kraken進行交易，並聲稱這一挑剔將阻止BSV發揮其潛力。

This, they alleged, would have resulted in huge losses for them. They argued that BSV might have climbed in value like Bitcoin or Bitcoin Cash if it had only stayed listed.

他們聲稱，這將給他們帶來巨大的損失。他們認為，如果BSV僅保留，BSV可能會攀升，例如比特幣或比特幣現金。

But the UK Court wasn’t buying it.

但是英國法院沒有購買它。

“BSV was obviously not a unique cryptocurrency without reasonably similar substitutes,” Sir Geoffrey Vos, Master of the Rolls, stated.

“ BSV顯然不是一個獨特的加密貨幣，沒有合理的替代品，”勞斯萊斯大師杰弗裡·沃斯爵士說。

In other words, there were always other coins to pivot to.

換句話說，總會有其他硬幣可以樞轉。

Investors Had a Duty

投資者有責任

One of the ruling’s clearest points: investors had a duty to act. If they believed BSV would suffer after delisting, they should’ve moved their funds to other similar assets.

該裁決最明確的觀點之一：投資者有責任採取行動。如果他們認為BSV在脫穎而出後會受到損失，他們應該將資金轉移到其他類似的資產上。

“They had a duty to mitigate their losses,” wrote Master of the Rolls Sir Geoffrey Vos. “They cannot recover losses that they could reasonably have mitigated.”

“他們有責任減輕損失，”勞斯·沃斯·沃斯爵士爵士大師寫道。 “他們無法收回能夠合理減輕的損失。”

And because they didn’t, the court said they couldn’t claim damages based on what might have happened. This is a reminder that crypto markets are fast-moving and coins can be delisted quickly.

而且由於他們沒有，法院表示，他們無法根據可能發生的事情索賠損失。這提醒人們加密市場正在快速移動，硬幣可以很快被粉碎。

But the judges also pointed out that the investors were experienced traders who were capable of switching to another crypto in 2019.

但是法官還指出，投資者是經驗豐富的商人，他們有能力在2019年改用另一個加密貨幣。

This means they couldn’t claim for the loss of a chance to benefit from BSV’s potential appreciation.

這意味著他們無法聲稱失去了從BSV潛在的欣賞中受益的機會。

No Payout for ‘What Could Have Been’

無需支付“本來可以的”

A big part of the investors’ case was the idea of a “loss of a chance”, the chance to make big profits if BSV had remained listed.

投資者案件的很大一部分是“失去機會”的想法，如果BSV仍被列為上市，則有機會獲利。

The court shut that down completely.

法院完全關閉了這一點。

“Cryptos are, by their nature, volatile investments,” the ruling explained. And because of that volatility, the court isn’s going to award money for missed opportunities that may never have happened.

該裁決解釋說：“從本質上講，加密貨幣是動蕩的投資。”由於這種波動，法院將因可能從未發生過的錯過機會而授予金錢。

The only valid claims would need to be based on actual, proven losses, not imagined future gains.

唯一的有效主張將需要基於實際的，已驗證的損失，而不是想像的未來收益。

A Major Win for Exchanges

交流的重大勝利

This ruling doesn’t just help Binance. It sets a powerful legal example for how courts might handle similar lawsuits in the future.

這項裁決不僅有助於binance。它為法院將來如何應對類似訴訟的法律榜樣有一個有力的法律榜樣。

Even if investors didn’t know about the delisting at the time, the court said their claim was limited to “the total value of their holding before the delisting events plus any quantifiable consequential losses.”

即使投資者當時不知道這一挑選，法院表示，他們的主張僅限於“在降落事件發生的持有的總價值以及任何可量化的結果損失”。

Basically: unless you can show exact losses, you’re not getting a payout.

基本上：除非您可以表現出確切的損失，否則您將無法獲得支出。

Good Times Begin for Binance

美好的時光開始了binance

This win comes right after Binance filed a motion to dismiss another billion-dollar lawsuit – this time from the FTX estate, which wants $1.76 billion. Binance says the FTX collapse was due to its own internal fraud, not anything Binance did.

在Binance提出動議駁回另外10億美元訴訟的動議之後，這次勝利就進行了 - 這次是FTX Estate，希望17.6億美元。 Binance說，FTX崩潰是由於其自身的內部欺詐造成的，而Binance沒有任何事情。

With this UK decision under its belt, Binance may now have a stronger hand heading into other legal fights.

在英國的決定下，binance現在可能有更強大的方向進入其他法律鬥爭。