LONDON, June 5 Reuters Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds 12.8 billion over claims it and other exchanges colluded to delist the Bitcoin Satoshi Vision BSV cryptocurrency.

Binance and exchanges including Kraken are being sued at London39;s Competition Appeal Tribunal CAT in a case brought on behalf of over 200,000 BSV owners.

Lawyers representing BSV Claims, a vehicle set up to pursue the case, say the exchanges engaged in anticompetitive behaviour to delist BSV in 2019.

They argue the move caused the value of BSV to plummet and prevented it becoming a top tier cryptocurrency, valuing that part of the claim at up to 9 billion pounds.

BSV Claims39; lawyers said the exchanges were not opposing the case being certified under the UK39;s collective proceedings regime, which is roughly equivalent to the U.S. class action regime. Such certification would be just the first step in the lawsuit.

But Binance has asked the CAT to throw out the part of the case about BSV39;s alleged potential to become a major cryptocurrency, which is being brought on behalf of people who kept BSV after it was delisted.

Binance39;s lawyer Brian Kennelly said people who kept BSV had made an entirely voluntary decision. They could reasonably have sold it and reinvested it in comparable cryptocurrency, Kennelly added.

BSV Claims39; lawyers argued in court documents that the issue should proceed to trial with…