UK Supreme Court Rejects $13 Billion Bitcoin SV Investors' Appeal
In December 2025, the UK Supreme Court dismissed an appeal by Bitcoin Satoshi Vision (BSV) investors seeking over $13 billion in damages. The appellants, BSV Claims Limited, argued that losses resulted from the delisting of BSV tokens by major cryptocurrency exchanges such as Binance and Kraken in 2019. This delisting caused an immediate price drop and denied investors potential forgone growth.
The ruling, delivered by Justices Lord Hodge, Lord Sales, and Lady Rose, stated that the appeal did not present an arguable point of law or a question of general public importance, and thus was dismissed. Prior to this, in 2024, the Competition Appeal Tribunal had struck out claims concerning the forgone growth effect, and a May 2024 attempt to revive the case was dismissed under a market mitigation rule requiring loss mitigation by claimants.
Bitcoin SV was launched in 2018 as a hard fork of Bitcoin Cash, aiming to restore the original Nakamoto vision, making it a separate token from Bitcoin (BTC). Market data showed that BSV's price fell more than 96% from its 2021 all-time high of $489.75, trading at around $18.37 at the time of the court decision. The token was disabled on Coinbase in 2021 following a 51% attack.
In comparison, Bitcoin (BTC) saw record highs, reaching above $126,000 in October 2025 before trading around $85,873, down roughly 32% from its peak. Additionally, in 2024, a UK court ruled that Craig Wright was not the original Bitcoin creator Satoshi Nakamoto, a development linked to the BSV ecosystem.
