Leading Crypto Exchange Binance Delists Bitcoin SV, Price Tanks 9%

Leading Crypto Exchange Binance Delists Bitcoin SV, Price Tanks 9%

By CCN.com: Binance CEO Changpeng “CZ” Zhao has followed through with his threat, announcing that the exchange will delist Bitcoin SV.

It’s a blow to Craig Wright and a reflection of the animosity that has been building against the controversial creator of the cryptocurrency. Wright has been at odds with the vast majority crypto community on Twitter, threatening to pursue legal action toward people calling him a fraud. Incidentally, CZ is in the camp that Craig Wright is a fraud, adding to Binance’s decision to delist the cryptocurrency. Meanwhile, CZ already hinted that he was getting tired of Wright’s attacks on Twitter.

Now it’s official.

Binance announces delisting of Bitcoin SV | Source: Binance

Binance Was No. 3 for Bitcoin SV Trading Volume

Binance was the third-biggest market for Bitcoin SV in the BCHSV/USDT trading pair, with trading volume of more than $9 million in the last 24-hour period, according to CoinMarketCap.

The Bitcoin SV price tanked in response to the Binance delisting.

BSV tanks after Binance delists the controversial cryptocurrency | Source: CoinMarketCap

Support for Binance’s decision to delist Binance SV poured in on Twitter.

This story is developing..

Published at Mon, 15 Apr 2019 15:18:28 +0000

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