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BitForex to not Delist BSV


The past week brought bad omens for Bitcoin SV after a controversy surrounding Craig Wright and Calvin Ayre. Top Exchanges Binance, ShapeShift and Kraken all decided to delist Bitcoin SV. However, BitForex has decided to hold on and not delist BSV. Recently, Garret Jin, founder and CEO of BitFOrex has thrown light on his approach towards the whole issue. 

Jin has maintained that although he does believe that the controversy surrounding Craig Wright  has lead to a severe chaos in the crypto world. 

He wrote: “Craig Wright has undoubtedly cast a shadow on the cryptocurrency industry as a whole, harming the perception of this space in the eyes of no t just the community, but the financial world at large.”

Despite this he maintains that his opinion should  decide on exchange’s decision to delist BSV.  He cited the needs of the existing traders who use Bitcoin SV to support this decision.

‘We feel it would be an injustice to the existing active Bitcoin SV traders on the BitForex platform if we were to delist the token…BitForex will remain a platform upon which BSV is open for trade. We will continue to monitor the situation, and continue to focus our energies on finding measures that ensure traders on our platform, whatever their stance may be, are protected and free to trade as they please.”

The exchange recently held a Twitter poll for the user community to indicate what it wanted with regard to the listing of Bitcoin SV. However, the exchange had to  dismiss the poll owing to malicious behaviour and take an internal decision.  

On April 15,  Binance’s CEO and Founder Changpeng Zao officially announced it will delist BSV and stop trading on all trading pairs for BSV as of April 22.
Changpeng Zhao warned that he will delist Bitcoin Satoshi Vision (BSV) if the founder of the altcoin Craig Wright does not stop faking that he is the real Satoshi Nakamoto - allegedly the developer of first generation cryptocurrency, in a tweet published on April 11 on his Twitter handle.
Earlier in November 2018, CEO and representative director of SBI Holdings, Yoshitaka Kitao, has criticized bitcoin cash’s hard fork. According to the sources, Kitao apparently has a connection with the BSV founder, with Wright having disclosed their close relationship in a tweet in January. The tweet revealed that Wright and Kitao spent time together, and claimed that he treats Kitao as “a friend and man I respect a lot.”