After Binance, ShapeShift Decides To Delist Bitcoin SV, Kraken Considers The Same

By Prashant Jha

Hours after it was reported that top cryptocurrency exchange Binance is finally moving to delist Bitcoin SV, the CEO of ShapeShift digital asset exchange has taken to Twitter to not just express solidarity with Binance’s stance but to also let the crypto world know that his exchange is moving to do the same. Erik Voorhees, a known face in the crypto community for more than just being the CEO of ShapeShift.io, has announced that the exchange is ready to delist Bitcoin SV.

While Binance has announced that it will be withdrawing all Bitcoin SV trading pairs by the 22nd of April, Voorhees has claimed that ShapeShift will work even more quickly, as it is planning to delist it completely within the next 48 hours. Voorhees, who has a large following from about 333K of Twitter users, made this very public declaration practically in the heels of Binance taking the same call, a while after Binance CEO Changpeng Zhao had condemned Bitcoin SV.

Voorhees tweeted:

“We stand with Binance and CZ’s sentiments’, Voorhees tweeted, adding that Bitcoin SV will be de-listed from ShapeShift within 48 hours.”

Craig Wright and Calvin Ayre, two men behind Bitcoin SV had a messy Twitter spat with Twitter user Hodlonaut and went on to threaten many users with lawsuits. Craig Wright has earlier claimed that he is the actual Satoshi Nakamoto, the founder of Bitcoin and this is the issue about which the spat began. What followed was quite unsavoury and prompted major crypto figures to condemn Bitcoin SV.

Another top crypto exchange, Kraken, has also started a poll to take the opinion of its followers regarding the need to delist Bitcoin SV. As of now, the poll option in support of delisting because the Bitcoin SV community is “toxic”, is seeing a majority of the votes. Clearly, Bitcoin SV is fast becoming the pariah of the crypto world.

Prashant Jha

As a content writer Prashant believes in presenting complex topics in simple laymen terms. He is a tech enthusiast and an avid reader.

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