Why Binance Delisted BSV And Other Exchange Following The Same Suit?
Coingape -

Craig White, the man behind Bitcoin SV, has always claimed to be the founder of Bitcoin, Satoshi Nakamoto. But none in the crypto world have ever believed him and he has always faced a backlash. But this time things have got a bit serious and not just him but his project, the Bitcoin SV, is also facing the heat. While the coin has already been delisted from Binance, other exchanges to are gearing up to delist the coin.

Binance and Shapeshift delist BSV. Will Kraken be the next?

Craig Wright, the man behind Bitcoin SV, has for the last several years claimed that he is the person who invented the Bitcoin and is the person behind the pseudonym Satoshi Nakamoto, but his evidence for this claim has been widely disputed. This time too was no different as Wright attacked Twitter user hodlonaut (who started the Lightning Network “torch“) and other individuals with his claims of being the Nakamoto. He in fact when a step ahead asking his lawyers to send defamation notices to people who did not believe him to be Nakamoto

Specifically, Wright placed a bounty on hodlonaut’s identity after the latter claimed Wright is not Satoshi. Considering these attacks by Wright and his “fraudulent” claims  CZ said Binance would delist BSV if Wright continued these attacks. In a series of follow-up tweets, CZ said “Craig Wright is a fraud,” that “the real Satoshi can digitally sign any message to prove it,” and that doing so would be simple.

Lastly, anyone who supports BSV from a tech perspective should be attacking the fraudulent Craig Wright, who is poisoning YOUR community, and not attack the rest of the world.

Anyone thinking CW is Satoshi should read about how a private key works, ie, learn about crypto.

— CZ Binance (@cz_binance) April 15, 2019

Following his own words and sentiments, Binance decided to delist BSV as CZ felt it was necessary to teach Wright a lesson. Although the official announcement listed the various reason for this delisting which includes Commitment of team to project, Level and quality of development activity and Network / smart contract stability, a lot of was connected towards Wright’ claim to be Satoshi.

While none agreed with Craig Wright, a lot of people and exchanges started supporting CZ for his bold move of delisting. Erik Voorhes, the CEO of ShapeShift, mentioned that he withstood with Binance and CZ sentiment and would be delisting it as well.

We stand with @binance and CZ's sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.

— Erik Voorhees (@ErikVoorhees) April 15, 2019

Another prominent exchange, Kraken, ran a poll on twitter which also gave a result the BSV was toxic and Kraken too should delist it. The official announcement from Kraken is yet to arrive but the poll dominance would definitely get BSV of Kraken as well.

Should Kraken delist Bitcoin SV (BSV)? #delistbsv

— Kraken Exchange (@krakenfx) April 15, 2019

Craig Wright claims of being Satoshi this time has definitely backfired and is going to hurt Bitcoin SV big this time. The coin is already slipping in price and with exchanges delisting BSV the investors would definitely be dumping in panic.

Which is the next exchange that will delist Bitcoin SV? Do let us know your view on the same.

Article Name
Why Binance Delisted BSV And Other Exchange Following The Same Suit?
Description
Craig White, the man behind Bitcoin SV, has always claimed to be founder of Bitcoin, Satoshi Nakamoto. But none in the crypto world have ever believed him and he has always faced a backlash. But this time things have got a bit serious and not just him but his project ,the Bitcoin SV, is also facing the heat. While the coin has already been delisted from Binance, other exchanges too are gearing up to delist the coin.
Publisher Name
Publisher Logo
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.


read more