CZ Binance threatens to delist Bitcoin SV; the community calls for boycott

14 Apr, 2019 | Updated: 14 Apr, 2019
by Will Heasman
CZ Binance threatens to delist Bitcoin SV; the community calls for boycott

Changpeng “CZ” Zhao, CEO of Binance, Anthony “pomp” Pompliano co-founder of Morgan Creek, and Charlie Shrem, are all among the notable propagators of the crypto industry who have recently come out against Bitcoin SV, but why?

Bitcoin SV (BSV) is a project which has garnered widespread talk amongst the social circles of crypto, but not for the price, nor any technological advancement, instead discussions have revolved around the boycotting of Bitcoin SV and calls for its delisting …

The quagmire responsible for these discussions emanates from BSV creator, Craig Wright, and his claim that he is, in fact, Satoshi Nakamoto - a point of high contention within the crypto community.

This ongoing claim and subsequent backlash from the community has allegedly boiled over into multiple defamation lawsuits from Wright, and his supporters against anyone who dares question his claim.

Two of the first lawsuits levied appears to be against a Bitcoin developer known as Hodlnaut on Twitter, and Crypto influencer Peter McCormack, causing the aforementioned backlash and forcing notable hands into action.

McCormack revealed a letter from the law firm representing Wright, which demands a retraction of the so-called ‘defamatory’ statements and an apology.

Through a series of tweets CZ, Pomp and Shrem all made their views perfectly clear.

Taking the first stand was Pomp, who urged exchanges to delist BSV in a “sign of solidarity behind the only Bitcoin that ever mattered.”

The formidable boss of Binance, clearly hearing the call to arms, threatened to delist the project if these lawsuits and claims continue:

Charlie Shrem, the prominent Bitcoin Pioneer, also aired his opinions calling BSV an “obvious scam controlled by an obvious scammer,” and, along with the others, called for the delisting of BSV from all exchanges:

#DelistBSV is gaining huge traction on Twitter, with a plethora of users ranging from influencers to traders seemingly supporting the boycott.

The implications of this growing movement are as yet unknown however if Binance chose to delist the impact may be fairly dramatic.

Read more: CZ on Craig Wright not being Satoshi: "Anymore of this sh!t, we delist!"Max Keiser claims he is the real Satoshi, laughs at Craig Wright

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