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Many members of the cryptocurrency community have labeled these claims as fraudulent, and Wright has retaliated by threatening legal action through his legal representatives.

The controversy has gripped the entire cryptocurrency community, including Binance's CEO Changpeng Zhao, who mentioned the potential risk of delisting Bitcoin SV (BCHSV).

Bitcoin SV price decreased against the background of this piece of news.

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

Although Bitcoin Cash may directly benefit from Bitcoin SV's tailspin, analysts still expect it to possibly see further downside in the near-term.

"$BCH This has been one of my biggest winners in the last couple months!"

Some users have suggested that OKEx's decision to keep listing BSV may have been influenced by the recent announcement of OKEx's partnership with Jack C. Liu, founder of crypto wallet RelayX, to launch a BSV-based exchange.

"We stand with @binance and CZ's sentiments".

Kraken has joined the feud between Craig Wright and the Bitcoin community and made a decision to delist Bitcoin SV.

The official reason of Binance for delisting Bitcoin SV was that it didn't pass the review. Wright has reportedly announced a $5,000 bounty in BSV for this objective.

The latest cryptocurrency exchange to announce that they would be delisting BSV is Kraken, which recently tweeted that "the people have spoken" adding that they would be delisting Bitcoin SV, marking another significant blow to the embattled cryptocurrency.

Bitcoin SV network witnesses yet another blockchain reorganization: It was reported that Bitcoin SV's network witnessed another blockchain reorganization on a 128 MB block, with over six blocks orphaned [#578640-578645].

"In the next thirty days, we will end even close out support for #BSV transactions".

The people have spoken.

Image courtesy of Twitter, Shutterstock.

Read more from the original source:
Bitcoin Exchange Binance Confirms Delisting Of Bitcoin SV