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Binance Delists Bitcoin SV

Binance Delists Bitcoin SV




The cryptocurrency exchange Binance is officially removing Bitcoin SV (BSV) from its trading options, according to a company blog post . The delisting comes after Binance CEO Changpeng Zhao (aka CZ) threatened to delist the Bitcoin Cash fork coin in response to Craig S. Wright, the coin’s creator, threatening Lightning Torch prometheus Hodlonaut with a lawsuit .
Craig Wright is not Satoshi. Anymore of this sh!t, we delist! https://t.co/hrnt3fDACq — CZ Binance (@cz_binance) April 12, 2019



Per the blog post, “All trade orders will be automatically removed after trading ceases in each respective trading pair” but withdrawals will be open until July 22, 2019. Officially, the blog post cited a failure to meet Binance’s standards as the reason for the delisting. “At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect,” the post reads. “When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all of our users.” These standards include things like team commitment, development activity, network strength, cooperation with the Binance team and whether or not the project has been pegged with fraudulent and/or unethical conduct. Craig Wright vs. Hodlonaut Craig Wright, an Australian computer scientist, has been steeped in Bitcoin community skepticism (if not ire) for his long-held assertion that he is the true identity behind Satoshi Nakamoto, Bitcoin’s pseudonymous founder. The community has branded him “Faketoshi” for this claim, inspiring such Twitter hashtags as #CraigWrightIsAFraud . When the trend took off, Wright threatened legal action against anyone who calls him a fraud on the grounds of libel, taking aim at no individual in particular. This nebulous threat, though, was finally substantiated when Wright sent a cease-and-desist order to Hodlonaut. The anonymous bitcoiner then deleted his Twitter account at the behest of his legal council and, though Wright can only serve him the threatened lawsuit if he obtains his physical address — an effort that Wright’s colleague, Calvin Ayre, has aided him in by launching a doxing campaign through his website CoinGeek — community members launched a fundraiser to cover Hodlonaut’s legal costs. Three days in, the campaign has raised $28,000 and reached its soft cap just a day after its launch.
Announcing a crowdfunding campaign to help @hodlonaut defend against unfounded legal attacks. Any remaining funds will be donated to @btcven . Please spread the word and donate! https://t.co/X95BoQbO8D In the bitcoin community we stand up for each other. #WeAreAllHodlonaut

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