Binance和其他人在BSV脱颖而出的$ 11.9B英国诉讼中

法院裁定，投资者没有合法的假设加密货币利润的权利。该决定设定了一个主要的先例限制未来的加密诉讼索赔。

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

Binance和其他几次加密交易所在英国取得了重大胜利。

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，英国上诉法院部分驳回了由比特币SV（BSV）投资者提起的高风险集体诉讼。

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.

该案件本来可以看到二手车的付款高达119亿美元，他们声称他们无法从BSV，Binance，Kraken，Shapeshift和Bittylicious在2019年将硬币授予BSV的潜在价格赞赏。

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，法官裁定投资者没有合法的假设加密货币利润的权利，并且他们有责任减轻损失。

What Happened?

发生了什么？

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

该案在Binance，Kraken，Shapeshift和Bittylicious决定在2019年停止交易BSV之后。

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.

当时，BSV是更广泛的加密货币之一。这也是大量在线批评的目标，一些评论者声称这是一个骗局。

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.

投资者在2019年以Binance，Shapeshift，Bittylicious和Kraken进行交易，并声称这一挑剔将阻止BSV发挥其潜力。

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.

他们声称，这将给他们带来巨大的损失。他们认为，如果BSV仅保留，BSV可能会攀升，例如比特币或比特币现金。

But the UK Court wasn’t buying it.

但是英国法院没有购买它。

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

“ BSV显然不是一个独特的加密货币，没有合理的替代品，”劳斯莱斯大师杰弗里·沃斯爵士说。

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

换句话说，总会有其他硬币可以枢转。

Investors Had a Duty

投资者有责任

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.

该裁决最明确的观点之一：投资者有责任采取行动。如果他们认为BSV在脱颖而出后会受到损失，他们应该将资金转移到其他类似的资产上。

“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.”

“他们有责任减轻损失，”劳斯·沃斯·沃斯爵士爵士大师写道。 “他们无法收回能够合理减轻的损失。”

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.

而且由于他们没有，法院表示，他们无法根据可能发生的事情索赔损失。这提醒人们加密市场正在快速移动，硬币可以很快被粉碎。

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

但是法官还指出，投资者是经验丰富的商人，他们有能力在2019年改用另一个加密货币。

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

这意味着他们无法声称失去了从BSV潜在的欣赏中受益的机会。

No Payout for ‘What Could Have Been’

无需支付“本来可以的”

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.

投资者案件的很大一部分是“失去机会”的想法，如果BSV仍被列为上市，则有机会获利。

The court shut that down completely.

法院完全关闭了这一点。

“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.

该裁决解释说：“从本质上讲，加密货币是动荡的投资。”由于这种波动，法院将因可能从未发生过的错过机会而授予金钱。

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

唯一的有效主张将需要基于实际的，已验证的损失，而不是想象的未来收益。

A Major Win for Exchanges

交流的重大胜利

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

这项裁决不仅有助于binance。它为法院将来如何应对类似诉讼的法律榜样有一个有力的法律榜样。

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.”

即使投资者当时不知道这一挑选，法院表示，他们的主张仅限于“在降落事件发生的持有的总价值以及任何可量化的结果损失”。

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

基本上：除非您可以表现出确切的损失，否则您将无法获得支出。

Good Times Begin for Binance

美好的时光开始了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提出动议驳回另外10亿美元诉讼的动议之后，这次胜利就进行了 - 这次是FTX Estate，希望17.6亿美元。 Binance说，FTX崩溃是由于其自身的内部欺诈造成的，而Binance没有任何事情。

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

在英国的决定下，binance现在可能有更强大的方向进入其他法律斗争。