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Hopes for UK mass claim targeting crypto exchanges on hold for appeal outcome

By Simon Zekaria ( May 21, 2025, 12:00 GMT | Comment) -- A landmark UK antitrust collective claim against Binance and other cryptoasset exchanges, the first of its kind, saw the challenges it faces dramatically increase with a court ruling that pared back the claim last year — by possibly up to 9 billion pounds. An appeal hearing earlier this month threw the issues into sharp relief and highlighted the burdens for BSV Claims in succeeding with its novel and untested allegations of collusion between crypto exchanges via social media.Challenges for the UK’s first-of-its-kind class action over alleged cryptocurrency exchange collusion have piled up....

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