Home News Exchange Binance Delists Bitcoin Cash Satoshi Vision

Binance Delists Bitcoin Cash Satoshi Vision

April 16, 2019 11:08
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Cryptocurrency exchange, Binance announced that it was delisting Bitcoin Cash Satoshi Vision, (BCHSV) on Monday. While the announcement did not specify why, this move was quite expected.

Readers may have been aware that, in the past few days, Binance Chief Executive Officer (CEO) Changpeng Zhao had amped up his attack against BCHSV founder, Craig Wright. In one of the more telling tweets, CZ had said, “Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”

From there, the issue snowballed. While Craig Wright is not currently on Twitter, that did not stop CZ from declaring that Wright was indeed a fraud. CZ added, “I normally don’t like get involved in debates, pick sides, etc. But this is going too far. I also didn’t like the fact that the fork caused BTC to drop below $6k, which caused pain to many in the industry.

For the uninitiated, the fork here refers to the Bitcoin Cash hard fork that took place in November 2018, when it was split to create Bitcoin Cash ABC fronted by Roger Ver and Bitcoin Cash SV headed by Wright.

Following that, CZ lauded a letter written by Peter McCormack, saying, “Master piece! You have my full support, Peter. To be clear, I don’t choose sides on technology. We let market do that. I am against fraud, such as lying to be someone. As such, it is my strong opinion that: Craig Wright is fraud.”

Turning that knife in he further said, “The real Satoshi can digitally sign any message to prove it. This is as simple as breathing for him/her. And we have the pub key. Until then, everyone is Satoshi, except Craig Wright!”

After this, Binance released an official statement stating the criteria they look for when they review coins. It had said, “At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. 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.”

It added, “Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC: Bitcoin SV (BCHSV).”

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