Vitalik Buterin and Erik Voorhees support Binance’s decision to delist Bitcoin SV

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Following Binance's announcement, other exchanges like ShapeShift and have chose to delist BSV.

It is not unusual that a token is delisted from an exchange. Prior to delisting BSV, Binance's CEO, CZ, had warned BSV creator Craig Wright, to not call himself Satoshi or sue people.

The exchange announced Monday that it would be delisting all BSV trading pairs on April 22, just days after Binance CEO Changpeng Zhao (CZ) threatened to do so if Wright did not cease attacks on Twitter users claiming the latter is not Satoshi Nakamoto, the pseudonymous creator of bitcoin.

Craig Wright had been continuously threatening people in the cryptocurrency space and even filed cases against some who claimed that he is not the founder of the original bitcoin, Satoshi Nakamoto.

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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". Some factors to be considered that were listed in the post included the commitment of the team behind the project and their public image.

Binance is a huge influencer in the cryptocurrency market, and the immediate aftermath of the announcement saw Bitcoin SV plunging by 10%.

A strong reaction to the delisting has also emerged and claims of censorship were at the forefront of the argument.

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The first to make this move was Binance, one of the most influential companies in the cryptocurrency space.

The announcement detailed that the digital asset exchange will close all deposits on April 22 followed by the cessation of trading on April 29.

Shapeshift, for example, stated that they would also be delisting the embattled coin.

In the meantime, Kraken held a Twitter poll asking their followers whether they should delist BSV or not.

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