Binance贏得了比特幣SV投資者的部分駁回訴訟

英國上訴法院部分駁回了比特幣SV投資者對主要加密交易所的訴訟

The United Kingdom’s Court of Appeal has partially dismissed a lawsuit brought by Bitcoin SV (BSV) investors against major cryptocurrency exchanges, including Binance, for allegedly conspiring to delist the token in 2019.

英國上訴法院部分駁回了比特幣SV（BSV）投資者提起的訴訟，因為據稱涉嫌串謀在2019年串謀將代幣推薦給了包括二手股份在內的主要加密貨幣交易所。

The case, which began in 2019 and saw investors attempt to resurrect the suit in 2023, was initially filed by several BSV investors who claimed they suffered billions of pounds in damages as a result of the delisting.

該案始於2019年，並看到投資者試圖在2023年復活該訴訟，最初是由幾位BSV投資者提起的，他們聲稱由於淘汰，他們遭受了數十億英鎊的損失。

The lower court ruled in favor of the investors, but the Court of Appeal partially reversed that decision, striking out claims for speculative damages and upholding the application of the market mitigation rule.

下級法院裁定有利於投資者，但上訴法院部分扭轉了這一決定，提出了投機性損害賠償的索賠，並堅持了市場緩解規則的應用。

Investors aiming to claim speculative damages were those who held BSV through the delisting period and were classified as “sub-class B.”

旨在要求投機性損害賠償的投資者是那些在此期間持有BSV的人，並被歸類為“子類B”。

These investors claimed over 8.9 billion British pounds ($11.9 billion) in damages, asserting that Binance’s delisting deprived holders of the chance to profit from BSV’s potential rise to a “top-tier cryptocurrency” like Bitcoin (BTC) or Bitcoin Cash (BCH).

這些投資者聲稱，超過89億英鎊（119億美元）的損害賠償金，聲稱Binance將剝奪的持有人從BSV的潛在上升到“頂級加密貨幣”（如比特幣（BTC）或比特幣現金（BCH）（BCH）等“頂級加密貨幣”。

The court rejected this “foregone growth effect” theory, stating, “BSV was obviously not a unique cryptocurrency without reasonably similar substitutes,” pointing out the representative’s own use of Bitcoin and Bitcoin Cash as comparators.

法院駁回了這種“已延長的增長效應”理論，稱：“ BSV顯然不是一個獨特的加密貨幣，而沒有相似的替代品”，指出代表自己將比特幣現金和比特幣現金用作比較者。

Sub-class B’s central claim was that delisting led to a missed opportunity to benefit from price appreciation. However, the court determined that these investors had ample chance to mitigate losses by selling or reinvesting in other crypto assets.

子級B的中心主張是，脫穎而出導致錯過的機會從價格讚賞中受益。但是，法院裁定，這些投資者有足夠的機會通過在其他加密資產中出售或重新投資來減輕損失。

“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。”

The appeal also challenged the Tribunal’s application of the “market mitigation rule,” arguing that such issues should be left for trial.

上訴還質疑法庭對“市場緩解規則”的適用，認為這些問題應進行審判。

The court dismissed that notion, stating the rule clearly applies to freely tradable assets like BSV, and that the damages must be measured shortly after the delisting.

法院駁回了該概念，並指出該規則明顯適用於BSV等可自由交易的資產，並且損害賠償必須在提取後不久衡量。

An additional argument concerning the “loss of a chance” to benefit from future price gains was also struck down. The court ruled it “flawed as a matter of principle,” noting that “cryptocurrencies are, by their nature, volatile investments.”

關於“失去機會”從未來價格上漲中受益的另一個論點也被擊倒了。法院裁定“原則上有缺陷”，並指出“從本質上講，加密貨幣是動蕩的投資”。

Binance’s limited strike-out application ultimately succeeded, with the court stating that even if some holders were unaware of the delisting, “they could never claim more than the total value of their holding before the delisting events plus any quantifiable consequential losses.”

Binance的有限罷工申請最終取得了成功，法院指出，即使某些持有人不知道這些持有人，“他們永遠不會索取超過其持有的總價值，並在挑剔的事件前加上任何可量化的後果損失。”