financial services giant says the removal of cash () from its this week was not a result of the other deslistings involving SV (), reported April 19.
SBI, which has never offered BSV , when executives moved to delist BCH, as it was BSV which had become the target of a cross-industry boycott.
As Cointelegraph reported, multiple major exchanges have announced they will BSV due to the legal threats made by and Calvin Ayre, its major proponents.
The is a of BCH, which Wright and Ayre claim to be the original . Its creation in November 2018 caused the price of both BCH and itself () to .
SBI’s move to delist BCH at a time when others were delisting BSV was met with in light of business partnerships the company has with Wright’s business, nChain.
In a statement to Cointelegraph , however, executives denied any conflict of interest.
“It is true that we do have a business relationship with Mr. Craig Wright through our partnership with nChain,” the statement reads. It continues:
“However, our decision to delist Cash (ABC) is unrelated to the delisting of SV by several non-Japanese exchanges.”
SBI added that the BCH delisting was in fact premeditated and was done in consultation with the Japanese Virtual Currencies Exchange Association. That the move came at the same time as BSV hit the headlines, it says, was purely coincidental.
At press time on Friday, traded down 3.2% on the day at $299, while is around $59 amid the combined impact of mass delistings, $16 off its all-time lows.
Wright has sent legal summons to several members of the community over alleged defamatory remarks questioning his that he created under the pseudonym .
Published at Fri, 19 Apr 2019 10:07:15 +0000
