Cryptocurrency exchange Binance has dismissed a lawsuit filed by over 200,000 Bitcoin Satoshi Vision (BSV) owners, including Kraken, at London’s Competition Appeal Tribunal (CAT).

The lawsuit alleges that Binance and other exchanges conspired to delist BSV in 2019, using anti-competitive tactics.

The attorneys for BSV Claims claim that the actions hindered BSV’s rise to a “top tier” cryptocurrency status.

The case is expected to be certified under the UK’s collective procedures regime.

Binance has requested that the CAT dismiss the portion of the action on behalf of those who retained BSV after its delisting, citing its potential for growth.