The world’s largest cryptocurrency exchange, Binance, made a sudden decision to delist Bitcoin SV (BSV). Prior to delisting BSV, Binance’s CEO, CZ, had warned BSV creator Craig Wright, to not call himself Satoshi or sue people. But after Craig Wright sent a legal notice to Podcaster Peter McCormack, CZ decided to delist BSV from Binance. The delisting immediately caused BSV to go down by 21%.
The move was welcomed by the community. Everyone praised Binance and CZ for doing what was necessary. After the delisting, Erik Voorhees followed suit and announced they would be delisting Bitcoin SV within 48 hours.
Vitalik Buterin replied to a comment on Nic Carter’s (@nic_carter) thread stating he completely supports Bitcoin SV delisting. Tyler Winklevoss, founder, and CEO of Gemini exchange took to Twitter to say that they never supported Bitcoin SV in the first place.
The cryptocurrency community, in general, supports Binance in the decision to delist Bitcoin SV, but some are wondering as to how much power the world’s largest exchange holds. Bitcoin SV’s price has dropped by 21% and it is predicted it may go down further.
Furthermore, people are thinking as to was it the right decision of Binance to delist Bitcoin SV. Their argument is that by delisting BSV, Binance is attacking the Free speech of founders.
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