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Our Binance Overlord’s Bitcoin SV Slaying is Frightening for Cryptocurrency

Changpeng Zhao, CEO of Binance, publicly slammed Craig Wright. A day later, BSV on Binance's chopping block. | Source: REUTERS/Darrin Zammit Lupi
Changpeng Zhao, CEO of Binance, publicly slammed Craig Wright. A day later, BSV on Binance's chopping block. | Source: REUTERS/Darrin Zammit Lupi

Binance, the world’s largest cryptocurrency exchange, announced the delisting of Bitcoin SV (BSV) on Monday after CEO and founder Changpeng Zhao decided he’d had enough of the antics of Fake Satoshi, Craig S. Wright. Within hours, Kraken and Shapeshift followed suit.

You’d have to travel far and wide to find anyone gullible enough to defend Craig Wright at this point, but there’s a case to be made that by delisting BSV on a whim, Binance has shown itself to be a much more dangerous and pernicious force in the crypto space than Bitcoin SV ever could have been.

Binance’s CZ Delists Bitcoin SV

Accompanied by a tweet from CZ with the words ‘Do the right thing’, Binance dropped this official announcement detailing BSV’s removal from the exchange. The announcement states:

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“… 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.”

That statement differs greatly from the one tweeted out by CZ a day earlier, where he laid out his own personal – not technical – reasons for removing BSV.

CZ said:

Read the full story on CCN.com.