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Class actions target and cryptocurrency and video games

Two opt-out actions have been filed at the Competition Appeal Tribunal, claiming billions of pounds in damages on behalf of cryptocurrency investors and users of Sony PlayStation video games.

The cryptocurrency action involves around 240,000 UK investors who lost money and are seeking around £10bn after the cryptocurrency BSV was delisted by the exchanges in 2019.

The Sony claim is being brought on behalf of UK-based PlayStation users who bought digital games and/or add-on content from the PlayStation Store from August 2016. They are claiming up to £5bn from Sony for anti-competitive behaviour.

Both groups of claimants have filed collective opt-out claims under the regime introduced by the Consumer Rights Act 2015.


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