Bitcoin Cash SV Falls Significantly After Binance CEO Threatens To Delist The BSV Token From Binance

Bitcoin SV as been trending on Twitter all morning. The cryptocurrency, which has Craig Wright as it’s lead developer, has always been controversial to a degree. For starters, Craig Wright is one of the most controversial figures in the cryptocurrency space. He has also declared himself Satoshi Nakamoto, the anonymous creator of Bitcoin core. Even if he hasn’t been able to prove that he is Satoshi, he still insists on his claims, yesterday, Wright and another lead developer Calvin Ayre got attacked on Twitter because of Wright’s claims. This has affect the Bitcoin SV price and the Bitcoin SV community. 

Bitcoin SV News Today – Bitcoin SV May Be Delisted From Binance And Other Major Exchanges

Yesterday, Wright repeated his claims about being Satoshi Nakamoto. Supporting him, Ayre said that he was going to file legal action against anybody who opposed this claim by the Bitcoin SV community. The last person anyone expected to respond is the one who responded first – Changpeng Zhao, the CEO of Binance, the largest cryptocurrency exchange in the world per volume. No one expected CZ to respond because he never gets involved in heated discussions on Twitter. However, he seemed to have had enough of these unconfirmed claims and just couldn’t take it anymore. He insisted that Wright is not Satoshi stating that he Binance would delist BSV if Wright continued with his unconfirmed claims. He also said that this isn’t going to be the first time that he would be subject to a lawsuit from Ayre. In his word;

“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”

CZ said that the issue was going too far. He said that it was Wright’s insistence on being the creator of Bitcoin that led to the Bitcoin Cash fork war in November which cost Bitcoin to fall below $6000 and kicked many projects out of business.

Backing CZ, the managing partner at Morgan Creek Digital, Anthony Pompliano said that every exchange should delist Bitcoin SV. He suggested that every major exchange delists Bitcoin Cash SV from May 1st as a sign of solidarity. In his words;

“Every exchange should delist BSV simultaneously on May 1st in a sign of solidarity behind the only Bitcoin that ever mattered. This community is the responsibility of the people. Sometimes we must do the hard thing, not because it is easy, but because it is right. #DelistBSV.”

Other public figures supported the notion including Misha Lederman agreed with Pomp. It seems like everyone in the industry is tired of hearing Wright’s claims without seeing any evidence that he is indeed Satoshi Nakamoto.

Bitcoin SV – Bitcoin Cash SV Price Falls Amid Delisting Talks

Whether or not the exchanges will delist Bitcoin SV on the first of May in solidarity is unclear. However, the price of Bitcoin SV is already suffering. At the time of writing, most cryptocurrencies were trading in green but Bitcoin SV was trading in red against the USD.

At the time of writing, it was trading at $70.00. This shows that it is down by 3.17% against the USD and down by 3.24% against BTC. The trading volume over a 24 hour period is $110,312,981 and the market capitalization is $1,240,700,462.

What do you think about the #delistbsv campaign in the Bitcoin Cash SV news today? Do you think it will happen? If it does, how will it affect the Bitcoin SV price long-term? Share your thoughts in the comment section.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.


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