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Bitcoin Magazine
2019-04-15 16:38:02

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!— 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. HodlonautCraig Wright, an Australian computer scientist, has been steeped in Bitcoin community skepticism (if...