The cryptocurrency exchange Binance is officially removing Bitcoin SV (BSV) from its trading options, according to a company blog post.
The delisting comes after Binance CEO Changpeng Zhao (aka CZ) threatened to delist the Bitcoin Cash fork coin in response to Craig S. Wright, the coin’s creator, threatening Lightning Torch prometheus Hodlonaut with a lawsuit.
Per the blog post, “All trade orders will be automatically removed after trading ceases in each respective trading pair” but withdrawals will be open until July 22, 2019.
Officially, the blog post cited a failure to meet Binance’s standards as the reason for the delisting.
“At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect,” the post reads. “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.”
These standards include things like team…