英國上訴法院駁回了針對加密貨幣交易所二手的133億美元的集體訴訟

它遵循英格蘭和威爾士解僱（10頁/190 kb）的上訴法院，其中大部分針對加密貨幣交易所二進制的133億美元集體訴訟。

The Court of Appeal of England and Wales has dismissed the bulk of a $13.3 billion class action against crypto exchange Binance.

英格蘭和威爾士上訴法院駁回了針對加密貨幣交易所二手票的133億美元集體訴訟。

The case, which began in 2019 when several major cryptocurrency exchanges colluded to delist Bitcoin Satoshi Vision (BSV), has been closely watched by the legal community. The claimants, who include both immediate and indirect investors in BSV, argued that the delisting breached article 101 of the Treaty on the Functioning of the European Union and/or the UK Competition Act 1998.

該案始於2019年，當時與法律界密切關注了與Delist Bitcoin Satoshi Vision（BSV）合謀的幾次主要加密貨幣交易所（BSV）。索賠人在BSV中都包括直接和間接投資者，他認為，違反了《歐盟和/或英國競爭法案》 1998年《歐盟運作條約》第101條的違反條款。

The lower court, the Competition Appeal Tribunal (CAT), declined to strike out the claims entirely but narrowed its scope. The sub-classes appealed to the Court of Appeal, arguing that the CAT was wrong to find that the market mitigation rule applied to all the claims.

下級法院，競賽上訴法庭（CAT）拒絕完全罷免索賠，但范圍縮小了其範圍。子類呼籲上訴法院，認為貓發現市場緩解規則適用於所有索賠是錯誤的。

The upper court dismissed the majority of the appeal, ruling that the damages claimed were speculative and unsupported. The court also found that BSV was tradeable and substitutable, and the investors therefore had a duty to mitigate losses by selling in an open market.

上法院駁回了上訴的大部分，裁定所聲稱的損害賠償是投機性和不支持的。法院還認為，BSV是可交易和替代的，因此投資者有責任通過在公開市場上出售來減輕損失。

The Court of Appeal rejected the foregone growth argument, stating that the claim that BSV could have grown in value like bitcoin was speculative and not legally recoverable. The loss of chance argument was also rejected because the claim did not depend on third-party decisions but on speculative market growth.

上訴法院拒絕了已被禁止的增長論點，稱BSV可以像比特幣這樣的價值增長的主張是投機性的，而在法律上不可恢復。偶然論證的喪失也被拒絕，因為該主張不依賴第三方決定，而是基於投機性市場的增長。

Finally, the Court of Appeal found that, in terms of awareness of delisting, only those unaware of the delisting might have a claim beyond immediate loss. This means that sub-class B holders can only claim immediate loss, for instance £55 to £39 – not speculative future gains.

最後，上訴法院發現，就意識而言，只有那些不了解偏見的人可能會超出立即損失的索賠。這意味著子級B持有人只能立即造成損失，例如55英鎊至39英鎊 - 不是投機性的未來收益。

Jennifer Craven, litigation expert at Pinsent Masons, said: “The court’s confirmation that the market mitigation rules should apply to readily tradeable digital assets should now limit exchanges’ exposure to massive speculative liability claims following the delisting decision.”

Pinsent Masons的訴訟專家Jennifer Craven表示：“法院確認市場緩解規則應適用於易於交易的可交易數字資產，現在應將交易所限制為在裁定決定後的大規模投機責任索賠。”

While the scope of the case was significantly narrowed, smaller claims from investors who lost access or sold currency at a loss may still proceed.

儘管此案的範圍大大縮小了，但仍可能繼續進行損失或出售貨幣的投資者的較小索賠。