Binance Will Delist BSV on Monday, Price Tanks 8% – Trustnodes

Binance Will Delist BSV on Monday, Price Tanks 8%

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Binance has just announced they are to delist BSV on Monday, April 22nd, at 10AM London time. Binance 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…

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for…¬†Bitcoin SV (BCHSV).”

This announcement is made just hours after Changpeng Zhao, Binance’s CEO, called Craig Wright a fraud with BSV seen as Wright’s coin.

Price tanked, down some 8% while almost every other coin is in green, with BCH up some 8%.

BSV’s price, April 2019.

BSV has been falling for some time after a number of generally seen as frivolous lawsuits were made public, including a lawsuit by BSV supporters against BCH devs and a number of lawsuits by Wright’s lawyers against a number of cryptonians who called him a fraud.

The latest BSV red candle, however, is the biggest in a month, with the coin to now be removed from the biggest crypto exchange.

Copyrights Trustnodes.com

 

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