After Binance announced the delisting of Bitcoin SV (BCHSV), Bitcoin Cash ABC (BCHABC) has gone higher in the market, jumping by 15%.
BCHABC now trades around $325, with an upsurge of 15.77% in the last 24 hours, while BSV trades around $64 dropping with 7%.
Few hours ago, Binance announced it is delisting BSV after the exchange discovered the digital asset did not meet its standard.
Although, there has been ruckus in the cryptocurrency space after the creator of BSV Craig Wright said it is filing defamation of character charges against Hodlonaut and Peter McCormack.
Wright, who has been parading himself as the real Satoshi Nakamato, was talked down by some notable crypto experts who believe the BSV creator is nothing but “a fraud”.
One of those who stood against Wright is the founder of Binance. CZ Binance has been calling the former a complete “fraud”.
The founder of the largest exchange earlier threatened to delist BSV incase Craig Wright goes beyond his boundary, however, the exchange has officially made the announcement now.
Meanwhile, and adherent of BSV’s Craig Wright and CoinGeek founder, Calvin Ayre, has accused Binance of dishonesty after the exchange decided to delist BSV.
Calvin said: “Binance is not an honest broker. They are playing god. Maltese regulators have to investigate and likely other jurisdictions also. All this because they are upset that Craig is now willing to prove he is Satoshi…what are they afraid of?”