The UK Supreme Court has rejected an appeal from Bitcoin (CRYPTO:BTC) Satoshi Vision investors seeking more than $13 billion in damages from major crypto exchanges.
The appeal was filed by BSV Claims Limited following the delisting of Bitcoin SV (CRYPTO:BSV) from platforms including Binance and Kraken in 2019.
Investors argued that the delistings caused immediate price damage and long-term harm to the token’s growth prospects.
Three Supreme Court justices refused permission to appeal.
“The application does not raise an arguable point of law or a point of law of general public importance,” Lords Hodge and Sales and Lady Rose said.
The decision ends a lengthy legal effort to revive claims previously struck out by lower courts.
Bitcoin SV was launched in 2018 as a hard fork of Bitcoin Cash (CRYPTO:BCH), which itself split from Bitcoin.
Supporters said the project aimed to restore the original vision of Bitcoin creator Satoshi Nakamoto.